India to receive development assistance loan worth Rs 3,500 Cr from Japan to fight COVID-19

QuestionWhich country has committed an official Development Assistance loan of 3,500 crore rupees for the COVID-19 Crisis Emergency Response Support to India?
(a) USA
(b) Australia
(c) Japan
(d) UK
Answer : (c)

  • Context:
  • Japan has committed an official Development Assistance loan of 3,500 crore rupees for the COVID-19 Crisis Emergency Response Support to India.
  • Facts:
  • Japan International Cooperation Agency, JICA is a governmental agency that coordinates Official Development Assistance for the Government of Japan.
  • This programme loan aims to support India’s efforts in fighting COVID-19 and to prepare the health system to manage future epidemics.
  • India and Japan have had a long and fruitful history of bilateral development cooperation since 1958. The recent step further consolidates and strengthens the Strategic and Global Partnership between India and Japan.

By:Arpit Mishra

Link:

http://newsonair.com/News?title=India-to-receive-development-assistance-loan-worth-Rs-3%2C500-Cr-from-Japan-to-fight-COVID-19&id=398748

https://pib.gov.in/PressReleasePage.aspx?PRID=1650053