Current Affairs Exam

Japan commits Rs 7,084 crore for three infra projects in India

Japan committed Rs 7,084.5 crore to India for three projects, including Patna Metro Rail Construction Project and Rajasthan Water Sector Livelihood Improvement Project.

Notes in this regard were exchanged between Rajat Kumar Mishra, Additional Secretary, Department of Economic Affairs and Japan Ambassador to IndiaSuzuki Hiroshi, an official statement said.

Japan would fund Patna Metro Rail Construction Project (I) of JPY 98.612 billion (about Rs 5,509 crore), Project for Forest and Biodiversity Conservation for Climate-change”>Climate Change Response in West Bengal of JPY 9.308 billion (about Rs 520 crore) and Rajasthan Water Sector Livelihood Improvement Project (II) of JPY 18.894 billion (about Rs 1,055.53 crore).

Rajasthan Water Sector Livelihood Improvement Project aims to improve livelihoods of farmers as well as promote gender mainstreaming in Agriculture-notes-for-state-psc-exams”>Agriculture and Irrigation sector in the State, by improving water use efficiency and agriculture productivity, through improvement of existing irrigation facilities, it said.
India and Japan have had a long and fruitful HISTORY of bilateral development cooperation since 1958.

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