Japan extends ODA worth over JPY 215 billion for Indian infrastructure projects

The Japanese government has extended official development assistance (ODA) of over JPY 215 billion (about Rs 142 billion) for the implementation of infrastructure projects in India. The ODA has been committed to the Transmission System Strengthening Project in Madhya Pradesh (JPY 15.45 billion), the Odisha Integrated Sanitation Improvement Project II (JPY 25.7 billion), the Dedicated Freight Corridor Project (Phase 1) (III) (JPY 103.6 billion), the North East Road Network Connectivity Improvement Project (Phase 1) (I) (JPY 67.1 billion) and the Jharkhand Horticulture Intensification by Micro Drip Irrigation Project (JPY 4.65 billion). The Japanese government committed a total of JPY 390 billion in 2015-16, which is the highest amount committed in a year so far.