January 18, 2019
New Delhi, January 18, 2019: Japan International Cooperation Agency (JICA) signed an agreement with the Government of India today, to provide Official Development Assistance (ODA) Loan of 15 billion Japanese Yen (approximately INR 950 Crore) for "Program for Japan-India Cooperative Actions towards Sustainable Development Goals in India" to help India's policy actions on the Sustainable Development Goals (SDGs).
The Program's objective is to promote first-of-its-kind achievement of the SDGs in India, especially in social development, by supporting the efforts of the Government of India (GoI) to strengthen the policy framework and implementation mechanism, thereby helping India achieve the SDGs by 2030. ‘The 2030 Agenda for Sustainable Development' including the 17 SDGs was adopted by all United Nations Member States including India at the UN Sustainable Development Summit in September 2015.
The ODA loan agreement was signed between Dr. C.S. Mohapatra, Additional Secretary, Department of Economic Affairs (DEA), Ministry of Finance, Government of India and Mr. Katsuo Matsumoto, Chief Representative, JICA India.
Speaking on the occasion, Mr. Katsuo Matsumoto, Chief Representative, JICA India said, "JICA has made long and wide effort for inclusive development in many countries including India, and achieving the SDGs is one of JICA's most important agenda for cooperation. Today, we signed the first-of-its-kind ODA Loan with the view to accelerate India's national program toward the SDGs in collaboration with Niti Aayog. This new program is expected to add a driving force for GoI's policy actions for SDGs. This is the first time that JICA signs an ODA Loan for the purpose and India to become the first country to partner such support. We are honored to join efforts with India through this program which would contribute to achieving SDGs in a holistic way. "
The Executing Agency of the Project is NITI Aayog.
India is striving towards comprehensive growth in social, economic and environmental dimensions; therefore JICA's support for the SDGs is in line with the sustainable development in India. This program's design aligns with the Government of India's activities to support districts that have the potential to accelerate the achievement of the SDGs in India. The program expedites the five themes, namely, health and nutrition, education, agriculture and water resources, financial inclusion and skill development, and basic infrastructure. Each of these themes is weighed as per the Government's commitment to inclusive growth with the maximum weightage on Health and Nutrition, and Education.
Since 1958, JICA has extended ODA loans of over 5,870 billion Japanese Yen (approximately INR 370,000 crore) in India for various sectors including water and sanitation, agriculture, forestry, healthcare, human resource development and infrastructure, with an aim to improve livelihoods in rural and urban India.
Mr. Katsuo Matsumoto, Chief Representative, JICA India and Dr. C.S. Mohapatra, Additional Secretary, DEA, Ministry of Finance, during the signing ceremony
Mr. Matsumoto and Dr. Mohapatra, holding up the signed loan agreement of Program for SDG
Established, by a specific law, as an incorporated administrative institution under the Government of Japan, the Japan International Cooperation Agency (JICA) aims to contribute to the promotion of international cooperation, as a sole Japanese governmental agency in charge of ODA implementation. JICA is the world's largest bilateral donor agency. JICA works as a bridge between Japan and emerging countries, and provides assistance in forms of loan, grant and technical cooperation so that the emerging countries can strengthen their capabilities.
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