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Japan's ODA Loan for Chennai and Ahmedabad Metro worth Rs. 5,479 crore- (Ministry of Finance ) (29 Nov 2015)

MANU/PIBU/1636/2015

The Ministry of Finance has signed an agreement with Japan, accepting funding towards the Chennai and Ahmedabad Metro projects. The loan, under Official Development Assistance, is worth Rs. 5,479 crores. The announcement comes on the heels of a recent government announcement which authorised Union Ministers for Finance and External Affairs to accept bilateral Official Development Assistance from bilateral partners.

Relevant : Modified guidelines for receiving bilateral Assistance MANU/PIBU/1547/2015

Tags : DEVELOPMENT ASSISTANCE JAPAN METRO PROJECTS

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