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【SDGs logo】NO POVERTY

【SDGs logo】GOOD HEALTH AND WELL-BEING

【SDGs logo】DECENT WORK AND ECONOMIC GROWTH

September 1, 2020

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

photosigning ceremony

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

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.

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