Current Affairs - Finance - Discussion

India and Japan signed loan deals totalling ¥191.73 billion for six development projects spanning sectors like water, transport, forestry, and aquaculture. Key projects include the TN Investment Promotion Phase 3, Delhi Metro Phase 4, and Chennai Desalination Plant II. This funding is part of Japan’s Official Development Assistance (ODA) to India, reflecting the strong bilateral ties and Japan’s commitment to supporting India’s infrastructure and sustainable development goals through strategic financial collaboration.