Signing of Japanese ODA Loan Agreement with India: Contributing to COVID-19 Crisis Response in India through providing budgetary support



2020.09.01
On August 31, the Japan International Cooperation Agency (JICA) signed a loan agreement with the Government of India in Delhi to provide a Japanese ODA loan of up to 50 billion yen for the COVID-19 Crisis Response Emergency Support Loan.
The objective of the program is to contain COVID-19 and mitigate its adverse socioeconomic impacts in India, by extending budget support to the Government of India, implementing emergency response programs for the health sector as countermeasures against COVID-19, and thereby contributing to promoting the social and economic stabilization and development efforts of India. This program will contribute to the achievement of SDGs Goals 1, 3, and 8 among others.
Details for the program are provided below.
signing ceremony
Project title | Amount (million yen) |
Annual interest rate (%) | Repayment period (years) |
Grace period (years) |
Procurement | |
---|---|---|---|---|---|---|
Project | Consulting services |
|||||
COVID-19 Crisis Response Emergency Support Loan | 50,000 | 0.01 | - | 15 | 4 | General untied |
2. Executing Agency
Ministry of Health and Family Welfare
Address: Nirman Bhavan, New Delhi 110011, India
Phone: +91-11-2306-1481, fax: +91-11-2306-3506
3. Planned Implementation Schedule
(1) Completion of program: September 2020 – when the loan is executed
(2) Issuing of letters of invitation for consulting services : No hiring of consultants is planned for this program.
(3) Tender announcement of initial procurement package for international competitive bidding on program construction: No work in conjunction with bidding is planned for this program.
scroll