The Government of India, State Governments of Karnataka and Odisha, and the World Bank have signed loan agreements of 115 million US dollars for the implementation of “Rejuvenating Watersheds for Agricultural Resilience through Innovative Development” (REWARD) Project.
- The project will help national and state institutions adopt improved watershed management practices to help increase farmers’ resilience to climate change, promote higher productivity and better incomes.
- Ministry of Finance in a statement said that the Government of India has committed to restoring 26 million hectares of degraded land by 2030 and doubling farmers’ income by 2023.
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