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India gets Loan from Germany
December 19 , 2019
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- India has secured a US $277 million (about Rs.1,900 crore) loan from Germany.
- India will use loan to establish an energy-efficient housing programme in the country.
- The programme shall be part of Indo-German Development Co-operation, guided by 2030 Agenda for Sustainable Development (SDG).
- The loan agreement was signed between State Bank of India (SBI) and Germany’s KfW Development Bank.
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