Germany on Monday committed about EUR 1.3 billion in India, primarily in the form of concessional loans, across the key areas of climate and energy, sustainable urban development, green urban mobility, and sustainable management of natural resources.
For several youths in Udhampur, Rural Employment Generation Programme has been a boon as they can avail concessional loans under the scheme to start a new business or expand the existing ones.
This stable, regular and predictable financial assistance - averaging EUR1.5 billion per month - will help cover a significant part of Ukraine's short-term funding needs for 2023, which the Ukrainian authorities and the International Monetary Fund estimate at EUR3 to EUR4 billion per month.
New Delhi [India], July 19 (ANI): External Affairs Minister S Jaishankar speaking at the 17th CII EXIM Bank Conclave on India-Africa growth partnership said that India has extended concessional loans of over 12.3 billion dollars to Africa.