External Assistance Current Affairs - 2019

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EU, France give 3.5 Million Euros as Grant to Curb Emissions in India

EU and France will give a grant of 3.5 million euros to three Indian cities- Nagpur, Kochi and Ahmedabad as part of the EU’s commitment under the Paris Climate agreement to curb emissions and promote sustainability in these cities. Salient Highlights The grants have been provided to help India’s smart city programme under the ‘Moblise Your Read More…

Month:  Categories: International

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India signs Agreement to provide $318 million Line of Credit to Sri Lanka

India has signed an agreement with Sri Lanka to provide USD 318 million as line of credit for developing Sri Lanka’s railway sector. The agreement was signed between Sri Lanka’s Ministry of Finance and Mass media, and Managing Director of India’s Export Import Bank in Colombo. Background In 2015, during the visit of Prime Minister Narendra Read More…

Month:  Categories: Governance & Politics

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India to give Rs 35 cr to children of freedom fighters in Bangladesh

India will give Rs. 35 crore rupees to children of freedom fighters in Bangladesh under the new ‘Muktijodha scholarship’ scheme in the next five years. Under the scheme, students at higher secondary level will get a one-time grant of Tk 20,000 (Rs 15,370) and students at the undergraduate level will get a grant of Tk Read More…

Month:  Categories: International

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Union Cabinet approves policy guidelines to allow state entities to directly borrow bilateral loans

The Union Cabinet has approved the policy guidelines to permit financially sound State Government entities to borrow directly from bilateral ODA (Official development Assistance) partners for the purpose of implementing vital infrastructure projects. The approval is subject to fulfilment of certain conditions and all repayments of loans and interests to the funding agencies. As a Read More…

Month:  Categories: Governance & Politics

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