Which country has extended Rs 3500 crores to India for its response to Covid-19 pandemic

Detailed Solution:

Japan has extended an emergency loan support of 50 billion Japanese Yen (Rs 3500 crore) to India for its response to Covid-19 pandemic. This financial support will be in the form of a 15-year loan at 0.01% rate of interest. The loan will support the health and medical policy of Indian Government and would be used to develop hospitals equipped with ICUs, infection prevention and management facilities.