Japan commits INR 7,084 Crore for three Infra projects in India

Rutuja Kedare Mar 30, 2023 0

On 28 March, Japan committed INR 7,084.5 crore to India for funding three infrastructure projects, including the Patna Metro Rail Construction Project, Project for Forest and Biodiversity Conservation in West Bengal, and Rajasthan Water Sector Livelihood Improvement Project

The Patna Metro Rail Construction Project, worth about INR 5,509 crore, the Project for Forest and Biodiversity Conservation for Climate Change Response in West Bengal, worth about INR 520 crore, and the Rajasthan Water Sector Livelihood Improvement Project, worth about INR 1,055.53 crore, will all be funded by Japan. 

Since 1958, India and Japan have maintained a long and fruitful history of bilateral development cooperation. In the last few years, the economic cooperation between India and Japan has steadily progressed. This further consolidates and strengthens the Strategic and Global Partnership between the two nations. 

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