September 1, 2020
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.
1. Terms and Amount of Loan
|Annual interest rate (%)||Repayment
|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.