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Japan to give fresh infra loan of $22bn to India

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Japan will give a fresh loan of about $22.6 billion for the second phase of Dedicated Freight Corridor and an infrastructure project in South India. Dr. Manmohan Singh, while welcoming the announcement of loan, emphasised to Japanese PM Yoshihiko Noda that India’s priority was investments by Japanese companies in infrastructure projects like Delhi Metro Rail, which was a “fine example” other cities want to emulate…..Read More

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