Japan to give development assistance loan of ₹3,420 cr to India

Japan will give a loan of ₹3,420 crore to India for the construction of the Chennai Peripheral Ring Road (Phase 1) and for Japan-India cooperative actions towards Sustainable Development Goals (SDGs) in India. The programme to promote SDGs in India focusses especially on social development. The loan agreements were signed between the Government of India and Japan International Cooperation Agency.