In an attempt to tide over the financial constraints currently being faced by Delhi Metro Rail Corporation (DMRC) in the completion of the on-going construction work of Phase III, the Japan International Cooperation Agency (JICA) in a recent move has cleared a loan amount of Rs 467.12cr, said urban ministry sources, claiming that funds, which are meant to cover the cost of MRTS Phase-3 projects, has already been sent to DMRC. The fund in question, is under 'Pass through Assistance' against loan agreement for Delhi MRTS Phase III between JICA and Indian authorities for an amount not in excess of Japanese Yen 1,27,917 million, and that the money as principal has been given at the disposal of DMRC for meeting the expenditure. The Government of India is obliged to pay the annual interest of 1.4 percent on the principal being disbursed and outstanding, which may change from time to time," said the official.