Karnataka govt approved a watershed project called ‘REWARD’

REWARD
  • A project titled ‘Rejuvenating Watersheds for Agriculture Resilience through Innovative Development (REWARD)’ recently approved by the Karnataka govt.
  • The purpose of the project is to ensure soil and water conservation in 20 taluks with low groundwater levels in Karnataka.
  • The total cost of this project is Rs 600 crore out of which World Bank will fund 70% of the project amount, which amounts to Rs 420 crore, whereas, 30% of the expenses (Rs 180 crore) will be borne by the state government itself.
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