Press Releases - Japan extends Rs.
Japan extends Rs.
H.E. Mr. Hiroshi Hirabayashi, Ambassodor of Japan and Dr. E.A.S. Sarma, Secretary, Department of Economic Affairs, Ministry of Finance signed and exchanged Notes at a ceremony held in the Ministry of Finance in New Delhi this afternoon. The debt relief amount of 95.962 million yen agreed today constitutes phase III and Phase IV of the grant for FY 1999. It will be utilized by the Government of India for importing such essential commodities as fertilizer, chemicals, miscellaneous machinery and equipment needed for diverse sectors in India.