JICA Current Affairs
The Union Government signed $76 million loan deal with Japan International Cooperation Agency (JICA) for starting upgradation project related to environment management plan at Alang-Sosiya ship recycling shipyards in Gujarat.
The project will be executed by Gujarat Maritime Board (GMB) and is likely to be completed by 2022. The total cost of project is $111 million out of which $76 million will be provided by JICA as soft loan. Out of remaining amount, $25 million will be borne by Gujarat Government as taxes and fees and balance $10 million will be shared by Ministry of Shipping.
Benefits of the project
This project will help Alang-Sosia ship-recycling yards to comply with international safety & environmental regulations. This will attract more business at recycling facilities at Alang, thereby further consolidate India’s share in global ship-recycling industry.
It will also help in safeguarding marine and coastal environment. The use of advanced decontamination technology will rule out possibility of fire accidents in oil and chemical tankers, thereby ensuring workers safety. The project is expected to increase in direct employment from 50,000 to 92,000 people and in-direct employment from 1.5 lakhs to 3 lakh people.
Japan International Cooperation Agency (JICA)
The JICA is governmental agency that coordinates official development assistance (ODA) for government of Japan. Its mandate is assisting economic and social growth in developing countries, and promotion of international cooperation.
Mizoram government and Japanese International Cooperative Agency (JICA) have signed Memorandum of Understanding (MoU) on ‘Capacity Enhancement for Sustainable Agriculture and Irrigation Development’.
It was signed by the State government officials of Agriculture, Minor Irrigation, Horticulture and Soil and Water Conservation departments.
The MoU will pave way for experts of the Japanese company to undertake technical cooperation project on the companys expense in four rural development blocks in Aizawl, Serchhip, Kolasib and Champhai districts.
The project will be undertaken based on the development study conducted by JICAduring 2013 and 201. Based on this study, it had formulated a master plan covering 20 years and the technical cooperation project would commence from October 2016 till September 2021.
Under it training programmes would be conducted in Japan both for farmers and officials from Mizoram for three times and the expenses would be borne by the Japanese government.