EM Central Bank FX Swap deal

I was wondering If there was anyone who could explain the attached document to me. What I am aware of so far is that EM CB's are trying to curb strong bullbacks in their ccy to help ease inflation pressure etc. The CB's are reluctant to hike IR's and also to start selling USD FX reserves and are therefore entering in 'FX swap' agreements.

I was wondering if people could break down the agreement that is happening with the Indian Central Bank.

Thank you