 "Japan to provide loans worth Rs 2,288 crore for two projects in India")
Japan will provide loans worth Rs 2,288 crore to India for the Mumbai Trans-Harbour Link Project in Maharashtra and for a Super-Specialty Cancer and Research Centre in Mizoram.
An official statement on Monday said that Japan has approved JPY 30.755 billion or about Rs 1,728 crore for the project in Maharashtra and JPY 9.918 billion or around Rs 560 crore for developing the centre in Mizoram.
Mumbai Trans-Harbour Link Project aims to improve connectivity in Mumbai Metropolitan Region by connecting Mumbai with Navi Mumbai, thereby contributing to mitigation of traffic congestion and promoting regional economic development. This is tranche-III loan for the project, it said.
The project for the centre in Mizoram aims to improve access to cancer prevention, detection, and treatment as well as human resource development and research that support cancer control system. This will contribute to achieving universal health coverage through strengthening the healthcare system pertaining to cancer in the state.
India and Japan have had a long and fruitful history of bilateral development cooperation since 1958, it said.
(Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
You’ve reached your limit of {{free_limit}} free articles this month.
Subscribe now for unlimited access.
Already subscribed? Log in
Subscribe to read the full story →
Smart Quarterly
₹900
3 Months
₹300/Month
Smart Essential
₹2,700
1 Year
₹225/Month
Super Saver
₹3,900
2 Years
₹162/Month
Renews automatically, cancel anytime
Here’s what’s included in our digital subscription plans
Exclusive premium stories online
Over 30 premium stories daily, handpicked by our editors
Complimentary Access to The New York Times
News, Games, Cooking, Audio, Wirecutter & The Athletic
Business Standard Epaper
Digital replica of our daily newspaper — with options to read, save, and share
Curated Newsletters
Insights on markets, finance, politics, tech, and more delivered to your inbox
Market Analysis & Investment Insights
In-depth market analysis & insights with access to The Smart Investor
Archives
Repository of articles and publications dating back to 1997
Ad-free Reading
Uninterrupted reading experience with no advertisements
Seamless Access Across All Devices
Access Business Standard across devices — mobile, tablet, or PC, via web or app