Government has eased norms for bilateral aid to promote Make in India programme
Q. Government has eased norms for bilateral Official Development Assistance to promote which scheme?- Published on 19 Nov 15a. Digital India
b. Make in India
c. Swachch Bharat Abhiyan
d. None of the above
ANSWER: Make in India
Government has eased norms for bilateral aid to promote Make in India, easing norms for bilateral Official Development Assistance (ODA) to enable the country access assistance from other countries, a move which will promote 'Make in India' campaign by obtaining new technology and boost infrastructure. Bilateral assistance is currently available from partners like the US, the UK, Japan, Germany, France, Italy, Canada, Russia, European Commission and European Union members. As per the modified guidelines, bilateral assistance for a minimum of USD 1 billion, of which 50 percent should be untied loans, can be accepted for capital intensive projects and other projects of specific nature.
