Financial Daily from THE HINDU group of publications
Thursday, Apr 01, 2004
Financial Daily from THE HINDU group of publications Thursday, Apr 01, 2004 |
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Overseas Borrowings Government - Overseas Borrowings Japan to extend Rs 5,270-cr loan Our Bureau
New Delhi , March 31 INDIA is now the largest recipient of yen loan assistance from Japan replacing China. The Government of Japan on Wednesday agreed to extend official development assistance (ODA) to India, in the form of soft loans totalling Rs 5,270 crore (125 billion yen). The Exchange of Notes to formalise the agreement was concluded at the North Block here on Wednesday. The notes were signed and exchanged between Mr Yasukuni Enoki, Ambassador of Japan to India, and Mr S.G. Mankad, Additional Secretary, Ministry of Finance.
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