India-Japan Current Affairs
India and Japan signed Loan Agreement worth Rs. 1817 crore for construction of Turga Pumped Storage (I)’ Hydel Project. On completion, this project will contribute to Industrial Development and Living Standard Improvement in the West Bengal.
This loan agreement was signed between Union Ministry of Finance, Government of India and Mr. Katsuo Matsumoto, Chief Representative Japan International Cooperation Agency (JICA). The objective of project is to strengthen capability to respond to fluctuation in supply and demand of power. It also seeks to improve stability of power supply by constructing pumped storage facilities, thereby contributing to industrial development and improvement of Living Standard of people in West Bengal.
India and Japan have long and fruitful history of bilateral development cooperation since 1958. In the last few years, the economic cooperation between India and Japan has steadily progressed, which has further consolidated and strengthened Strategic and Global Partnership between them.
The first joint military exercise named “Dharma Guardian” between India and Japan has begun at Indian Army’s Counter-Insurgency Warfare School at Vairengte (Mizoram). The exercise is aimed at developing mutual understanding and respect between militaries of both countries, as also facilitate in tracking worldwide phenomenon of terrorism.
In this exercise, Indian Army will be represented by 6/1 Gorkha Rifles, while Japanese Ground Self-Defence Force will field its 32 Infantry Regiment. The emphasis of this exercise will be on building interoperability. Armies of both countries will jointly train, plan and execute series of well-developed tactical drills for neutralization of likely threats that may be encountered in urban warfare scenario. Moreover, experts from both sides will also hold detailed discussions to share their expertise on varied operational aspects.