Cabinet approves Japanese aid for freight corridor

By IANS
Thursday, September 17, 2009

NEW DELHI - The cabinet Thursday approved a proposal to avail Japanese assistance to create the western arm of a dedicated freight corridor costing Rs.26,124 crore.

In the first phase, Japan will provide a soft loan of Rs.17,700 crore to cover the Rewari-Vadodara section, Information and Broadcasting Minister Ambika Soni told reporters here after a cabinet meeting chaired by Prime Minister Manmohan Singh.

Filed under: Business, Economy

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