World Bank offers $115 million loan for rejuvenating watersheds in India

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The World Bank will provide a $115 million (Rs 869 crore) loan to fund a programme in India

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that will help national and state institutions adopt improved watershed

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management practices to increase farmers` resilience to climate change, promote higher productivity and better incomes

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the Union Finance Ministry said on Friday.

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The Government of India, the State Governments of Karnataka and Odisha and the World Bank have signed the agreement for the programme called `Rejuvenating Watersheds for Agricultural Resilience through Innovative Development Programme`.

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