Hyderabad, Feb. 20 -- Japan International Cooperation Agency (JICA), which is one of the biggest Japanese government-backed global funding agencies, has agreed to grant a loan of Rs 1,336 crore to boost job creation and support the startup ecosystem in Telangana.

The agency has reportedly formalised a loan agreement with the Government of India in this regard.

By providing capacity building, infrastructure development, financial support, and market creation subprojects, the project is focused on discovering and promoting potential entrepreneurs, including women and those in rural areas.

Additional Secretary (Department of Economic Affairs and Union Ministry of Finance) Vikas Sheel and Chief Representative of JICA India, SAITO Mitsunori...