JICA

Developing infrastructure should be the govt's top priority, says L&T chairman

Japan's ambassador to India Hiroshi Suzuki said on Wednesday that the Ahmedabad-Mumbai bullet train project will bring about a high-speed rail "revolution" upon completion. He was speaking after visiting a construction site of the Surat High Speed Rail (HSR) station on the bullet train route along with National HSR Corporation Limited (NHSRCL) Managing Director Rajendra Prasad. The project has been funded by the Japan International Cooperation Agency (JICA). "I could just see that huge construction work is underway in full throttle, and I look forward to working closely with my Indian friends in the spirit of one project, one team. When this huge project is complete, I am sure it will bring about a new revolution," the ambassador told reporters. "Like the one we have, Suzuki Maruti revolution, I am looking forward to the high-speed rail revolution. The future is very bright," he added. The construction work on Surat-Bilimora stretch of the bullet train in south Gujarat is progres

Estimated to cost Rs 24,000 crore, the phase looks to connect several gaps in the city's transport infrastructure

On his first visit to India, Japanese Prime Minister Fumio Kishida pledged an investment of $42 billion over the next five years. So, what are the specifics of this fresh investment? Let us find out

Chief Minister Pinarayi Vijayan has said that various global agencies including Japan International Cooperation Agency (JICA) have already offered financial support to the mammoth initiative.

JICA is the world's largest bilateral development agency, with India being it's most prominent partner in the world

Japan International Cooperation Agency (JICA) has signed an agreement with the Government of India

The loan will support Tata Cleantech to mitigate the impact of climate change by offering green finance

Japan International Cooperation Agency has extended a cumulative total of about Rs 33,000 crore in official development assistance for the Western Dedicated Freight Corridor

The project will be completed in three stages and the govt is seeking funds for stage 1

Apart from land acquisition, another major cause for concern before the project is cost escalation owing to a fall in the rupee against the Japanese yen.

DMRC to have the largest chunk of revenue loss estimated at Rs 700 cr

Japanese ODA loans are long-term low interest rate loans advanced to the developing countries

JICA has so far extended concessional official development assistance loans of about Rs 26,000 crore for development of the project

Training and knowledge transfer will also be a part of this study

It has agreed to give a grant of Rs 150 crore for metro projects in the country

However, the Department of Economic Affairs had so far not responded positively to this request

Agreements signed for Rs 6,170 cr for DFCC and Rs 3,951 cr for NE road connectivity projects

The project involves constructing 1,504 km of freight-specific rail line on double tracks between Dadri in Uttar Pradesh to Jawaharlal Nehru Port near Mumbai.

The loans will be extended through Japan International Cooperation Agency