India and Germany sign Govt to Govt Umbrella Agreement
December 5th, 2017
India and Germany has signed the Government to Government Umbrella Agreement concerning the Financial Cooperation in 2016 (II) under the Indo-German Development Cooperation. the agreement was signed to formalize an amount upto 200 million Euros for the financial cooperation in form of loan for the project ‘Climate Friendly Urban Mobility III’ and 11 million Euros in form if grant for four projects. The Agreement was signed by Martin Ney, Ambassador on behalf of the Federal Republic of German and S. Selvakumar, Joint Secretary, Department of Economic Affairs of Union Ministry of Finance.