The project is being implemented to ensure efficient water management & enhanced cropping area.
- The implementation period of the project is 6 years beginning from April, 2021.
- Around 1.9 Lakh People including 10, 000 Landless People will be benefited because of the ‘REWARD’ Projects.
- It will be implemented in 7 districts of Odisha – Sambalpur, Dhenkanal, Nayagarh, Deogarh, Koraput, Nabarangpur & Sundargarh.
- Odisha’s Agriculture & Farmers Empowerment Department will implement the project with assistance from Soil Conservation and Watershed Management Directorate.
- To improve land and water conservation and climate resilience in selected watersheds
- Strengthening capacities of national and state institutions to deliver effective science-based watershed development programs.
ii.It is an initiative of Department of Land Resources, Government of India & World Bank
iii.The project will be funded in 70:30 proportion, where 70% will be funded by the World Bank & 30% by the State Government.
iv.It is being implemented in the Indian States of Karnataka, Andhra Pradesh
v.The total allocation for the project is ~ USD 250 Million (~ INR 1,821.25 crore) of which USD 178.5 Million is International Bank for Reconstruction and Development (IBRD) loan from World Bank & balance is funded by Government of India & State Governments.
- Increase in productivity and net income of farmers
- Prevention of soil run-off
- Regeneration of natural vegetation
- Rain water harvesting
- Recharging of the ground water table
- Enables multi-cropping and introduction of diverse agriculture based activities
Recent Related News:
i.On September 5, 2020, the state cabinet of Karnataka approved INR 600 crore REWARD project with World Bank (WB) assistance.
Tribes – Bonda (also known as the Bondo), Gadabas, Sora (also known as saora)
Mountains & Peaks – Mahendragiri (Mountain), Deomali (Mountain Peak), Malayagiri (Mountain Peak)
About World Bank:
President– David Robert Malpass
Headquarters– Washington, D.C., United States