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Indo-Switzerland Economic Relationship

By: EconomyWatch Date: 30 June 2010

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The assistances given by Switzerland are mainly in the form of grants and been provided for local costs as well as technical assistances. There was the time when Switzerland providing mixed credit comprising 40 per cent grant and 60 per cent loan for power sector project.

Neriyamangalam Hydro Electricity Project of Kerala state Electricity Board (KSEB) has been implemented under the Swiss Mixed Credit Agreement. The amount of CHF39.235 million (Rs 91.98 crore) has been disbursed under the credit line up to March 2005. In today's world Swiss assistances in India is mainly used in the NGO projects.

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