JICA Signs ₹11,181 Crore ODA Loan Agreements with Government of India for Key Projects.
Banking & Finance
In March 2025, the Japan International Cooperation Agency (JICA) of Japan signed six Official Development Assistance (ODA) loan agreements with the Government of India (GoI), amounting to Japanese Yen (JPY) 191,736 million (approximately ₹11,181 crore).
- The six loan agreements cover projects such as a seawater desalination plant, biodiversity conservation, forest management, aquaculture development, and the expansion of the Delhi Metro network.
- These agreements highlight Japan’s commitment to India’s sustainable development, focusing on infrastructure expansion, environmental conservation, and livelihood enhancement.
Main Point :- (i) As part of the recently signed ODA loan agreements, JICA has allocated funds for key development projects across India: Delhi Metro Phase 4 has been allocated ₹4,649 crore to enhance urban mobility, reduce traffic congestion, and lower air pollution in the National Capital Region.
(ii) Chennai Seawater Desalination Plant (II) will receive ₹3,065 crore to develop desalination and water transmission infrastructure, ensuring a reliable water supply.
(iii) ₹2,106 crore is allotted for the Tamil Nadu Investment Promotion Program (Phase 3) to enhance infrastructure and skill development, while ₹669 crore is allocated to the Punjab Biodiversity and Natural Resources Conservation Project for afforestation, wetland management, and climate resilience.
About Japan International Cooperation Agency (JICA)
President : Dr. TANAKA Akihiko
Headquarters : Tokyo, Japan
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