The Federation of Indian Chambers of Commerce & Industry (FICCI) has estimated India's GDP to grow at 7.4 per cent in the financial year 2022-23 (FY23).
World merchandise trade volume is expected to grow 3.0% in 2022 (down from 4.7% previously) and 3.4% in 2023, but these figures may be subject to revision due to uncertainty about the course of the conflict in Ukraine.
Japan International Cooperation Agency (JICA) signed Japanese ODA Loan Agreements with the Government of India in Delhi, to provide Japanese ODA loans of up to a total of 312.258 billion Yen for 7 projects.
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