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INDIA EXTENDS ITS FIRST-EVER RUPEE-DENOMINATED LINE OF CREDIT UNDER IDEAS

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India extended a ₹487.60 crore Line of Credit (LOC) to Mauritius for replacing 100 km of obsolete water pipelines. This is the first rupee-denominated credit under the Indian Development and Economic Assistance Scheme (IDEAS), financed by the State Bank of India at concessional terms. https://www.drishticuet.com/current-affairs/india-extends-its-first-ever-rupee-denominated-line-of-credit-under-ideas

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