Supreme Court: Foreign Companies’ Head Office Expenses in India are Capped under Section 44C || SC Directs Trial Courts to Systematically Catalogue Witnesses and Evidence in Criminal Judgments || SC Calls For Sensitising Future Generations on Equality in Marriage to Combat Dowry Practices || SC: Separate Suits Against Confirmed Auction Sales are Barred; Remedy Available under Sec 47 || NCLT Mumbai: Oppression Claims Against Majority Shareholders Do not Justify Winding up a Company || J&K&L HC Rules it Illegal and Inequitable to Deny Regularisation to a Daily Wager After 34 Years || J&K&L High Court: Revisional Powers Must Be Used Within Reasonable Time; Merits Don’t Justify Delay || Supreme Court: Compassionate Appointees Cannot Later Claim Entitlement to a Higher Post || NCLAT New Delhi: Insolvency Pleas Cannot Be Admitted When Information Utility Records Show a Dispute || NCLAT: Issuing Cheques For Another Entity’s Liabilities Does not Constitute Operational Debt

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

Share :