{"id":111476,"date":"2021-04-06T10:44:31","date_gmt":"2021-04-06T10:44:31","guid":{"rendered":"https:\/\/www.edristi.in\/?p=111476"},"modified":"2021-04-06T10:44:32","modified_gmt":"2021-04-06T10:44:32","slug":"japan-to-fund-projects-in-india","status":"publish","type":"post","link":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/japan-to-fund-projects-in-india\/","title":{"rendered":"Japan to Fund Projects in India"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>Question: How much is the corpus of grant aid in first ever official development assistance (ODA) project in Andaman &amp; Nicobar (A&amp;N) by Japan?<br><\/strong>a) Rs 450 crore<br>b) Rs 500 crore<br>c) Rs 265 crore<br>d) None of the above<br><strong>Ans: c<br>Context<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Japan has finalised loans and a grant totalling around 233 billion yen for several key infrastructure projects in India, including for a project in the Andaman and Nicobar islands.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Facts<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>Japan has approved grant aid worth \u00a54.02 billion, or \u20b9265 crore, to improve the power supply in the Andaman and Nicobar islands.<\/li><li>The grant would be used to procure 15MWh batteries as well as power system stabilisers to allow better utilisation of solar power generated in South Andaman.<\/li><li>Japan has said that Andaman and Nicobar islands holds strategic geopolitical location for an open Indo-Pacific.<\/li><li>This is first ever official development assistance (ODA) project by Japan.<\/li><li>Apart from this Japan has also extended yen loans worth \u00a5229.5 billion, or \u20b916,186 crore, for executing four projects, including Delhi Metro\u2019s Phase 4 and Bengaluru Metro\u2019s Phase 2 expansion plans.<\/li><li>Loan agreements were signed between the Japan International Cooperation Agency (JICA) and the government of India for these projects recently.<\/li><\/ul>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Importance of Andaman and Nicobar Islands<\/strong><\/p>\n\n\n\n<ul class=\"wp-block-list\"><li>The Andaman and Nicobar Islands (ANI) are a group of 572 islands, located at the juncture of the Bay of Bengal and the Andaman Sea.<\/li><li>Some of the busiest sea trade routes pass along these islands.<\/li><li>It connects South Asia with South-East Asia. While the northernmost point of the archipelago is only 22 nautical miles from Myanmar, the southernmost point, Indira Point, is a mere 90 nautical miles from Indonesia.<\/li><li>The Andaman and Nicobar Islands constitute just 0.2% of India\u2019s landmass but provide near 30% of its Exclusive Economic Zone.<\/li><li>Recently, the Prime Minister has declared that the ANI will be developed as a &#8220;maritime and startup hub&#8221;.<\/li><\/ul>\n\n\n\n<p class=\"has-text-align-right wp-block-paragraph\"><strong>By kameshwar shukla<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><strong>Reference:<\/strong> <a href=\"https:\/\/economictimes.indiatimes.com\/news\/economy\/infrastructure\/japan-extends-aid-for-andaman-infra-project-to-bolster-indo-pacific-partnership\/articleshow\/81709068.cmshttps:\/www.drishtiias.com\/images\/uploads\/1617099727_image8.png\" target=\"_blank\" rel=\"noreferrer noopener\">https:\/\/economictimes.indiatimes.com\/news\/economy\/infrastructure\/japan-extends-aid-for-andaman-infra-project-to-bolster-indo-pacific-partnership\/articleshow\/81709068.cmshttps:\/www.drishtiias.com\/images\/uploads\/1617099727_image8.png<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Question: How much is the corpus of grant aid in first ever official development assistance (ODA) project in Andaman &amp; Nicobar (A&amp;N) by Japan?a) Rs 450 croreb) Rs 500 crorec) Rs 265 crored) None of the aboveAns: cContext Japan has finalised loans and a grant totalling around 233 billion yen for several key infrastructure projects [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":111477,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1087],"tags":[2529],"class_list":["post-111476","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-intne","tag-international-en"],"_links":{"self":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/111476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/comments?post=111476"}],"version-history":[{"count":1,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/111476\/revisions"}],"predecessor-version":[{"id":111478,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/posts\/111476\/revisions\/111478"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media\/111477"}],"wp:attachment":[{"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/media?parent=111476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/categories?post=111476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.edristi.in\/hi\/%e0%a4%b9%e0%a5%8b%e0%a4%ae\/wp-json\/wp\/v2\/tags?post=111476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}