JICA: No Plans to Cut Aid to India

The Japan International Cooperation Agency has assured India that it will not reduce or reassess its funding for new and ongoing projects in the South Asian country.

“There is not going to be any effect on either the ongoing projects or the proposed new projects,” Shinichi Yamanaka, JICA’s representative to India, told the Hindustan Times.

Yamanaka added that the Japanese government is currently examining a request from the Indian government for financial assistance to more than 10 infrastructure projects, the Hindustan Times reports. The JICA official said the government will be making a decision “shortly.”

India and other Asian countries have aired concerns that Japan may reduce or delay its assistance to them as the country focuses on domestic rehabilitation following March’s devastating earthquake and tsunami.

>> Indian Officials Say JICA-backed Projects Would Be Delayed

>> Following Tsunami, Asian Countries Fear Delay, Drop in Japan Aid

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About the author

  • Ivy Mungcal

    As former senior staff writer, Ivy Mungcal contributed to several Devex publications. Her focus is on breaking news, and in particular on global aid reform and trends in the United States, Europe, the Caribbean, and the Americas. Before joining Devex in 2009, Ivy produced specialized content for U.S. and U.K.-based business websites.