2019-08-11_Business_Today

JAPAN SPECIAL > G2G

The Japanese have been

helping India get several

large projects off the ground

on reasonable terms.

By JOE C. MATHEW

GIVE

AND

TAKE

APANInternational Cooperation Agency (JICA),

the government body that coordinates the official

development assistance (ODA) given by Japan to

other nations, has an illustrative map to provide a

glimpse of projects in India that it is supporting.

One glance is enough to make you realise the ex-

tent of its help. Of the 29 states in India, 25 have

projects that have got financial assistance, almost

all soft loans, from Japan. With accumulated

soft loan commitment of `3,00,000 crore (till

98 IBUSINESS TODAYIAugust 11I 2019