Why is it in the news?
NITI Aayog and JICA signed Record of Discussions for SDG cooperation (Phase II).
Strengthens India-Japan development partnership.
Category: International Relations
Important Points:
● Project titled “Japan-India Cooperative Actions Towards SDGs – Phase II”
● Focus areas: Global Partnership, Health & Nutrition, Education, Agriculture & Water Resources, Financial Inclusion & Skill Development, Basic Infrastructure
● Emphasis on institutional capacity building and SDG localisation
● Japan India Joint Vision (August 2025) outlines 8 strategic directions
● Japan largest bilateral donor to India since 1958
● Cumulative ODA exceeds Rs 4.4 lakh crore
● 6 ODA loan agreements signed March 2025 totaling Rs 11,181 crore
● Target of USD 68 billion Japanese private investment over next decade
● Bilateral Swap Arrangement renewed at USD 75 billion (Feb 2026)