JICA - Japan International Cooperation Agency

 

JICA - Japan International Cooperation Agency

• JICA stands for Japan International Cooperation Agency 

• Japan’s Government Agency - responsible for ODA - Official Development Assistance 

• Established in 2003 (1st October)

• Headquarters: Tokyo (Japan)  - India’s Office: New Delhi

• Staff strength:  2000 (Approx)

• Capital: 8.4 Trillion Yen  (Approx Rs. 4.6 Lakh Crores)

• Object: Promote economic & social development in Developing countries through various forms of aid and cooperation.

• Vision: Free, peaceful & prosperous World 

Core activities: 

1. Technical cooperation: Dispatching experts to provide technical assistance and training in various sectors. 

2.  Finance & Investment cooperation: Offering concessional loans & investments to support infrastructure & other developmental projects. 

3.  Grants: Providing financial assistance without repayment obligations to support projects in sectors like health, education & infrastructure. 

• Global presence: Operates in over 150 countries (90 overseas offices) - World’s largest bilateral aid agency

JICA & India 

• JICA has been a pivotal partner in India’s development journey over 6 decades. 

•  Delhi Metro Project - 1997 - Rs. 54000 Crores

• Bullet Train - High Speed Rail Project between Mumbai & Ahmedabad - 81% of Total Project cost 1.08 Lakh Crores  - Interest rate is 0.1%  - 50 year Loan

• Water supply and sanitation across India 

• IIT, Hyderabad - Rs. 1500 Crores

• Full scholarships to 36 Indian Govt officials to pursue 4 years Master’s degree  in leading Japanese Universities

• Mizoram - 164 bed Super Speciality Cancer & Research Centre - 2023

• Telangana - Promote start-up ecosystem & innovation - 2024 - Rs.1336 Crore

• SDG - Sustainable Development Goals - Rs. 932 Crores  - 2023 - To focus on Health, Education, Agriculture, Financial inclusion, and infrastructure. 

Key Points for MCQ on JICA: 

1. JICA stands for Japan International Cooperation Agency 

2. Hqrs: Tokyo

3. Established: 2003

4. Bullet Train - 81% of Project cost - financed by JICA

5. ODA stands for Official Development Assistance

6. JICA - Japan’s Government Agency 

7. SDG stands for Sustainable Development Goal 

8. Financed Important Projects in India are Delhi Metro, Bullet Train Project, IIT, Hyderabad

))))end((((