The State Bank of India has sanctioned a donation of ₹4.26 crore to rejuvenate seven major lakes in the Kolar district of Karnataka.
As part of its corporate social responsibility, SBI will undertake the rejuvenation of seven major lakes - Manjalanagara Amnikere and S Vadigepallikere in Srinivaspura Taluk, Peddapallikerein KGF, Tambihallikere and Channegowdanakere in Kolar Taluk, C Hosurkere in Mulabagal Taluk and Rajalukere (WS) in Bangarpet Taluk of Kolar District- said the bank in a press release. The activity would include bund development and channel development for the seven lakes.
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Earlier this year, the Finance Minister, Nirmala Sitharaman chose Kolar district, as the district for implementing the rejuvenation of lakes under the Amruth Sarovar Yojana. As a part of this, 75 tanks or lakes would undergo rejuvenation work (de-silting, bund strengthening, channel work, etc.), using resources from MGNREGA, the FM’s MPLADS funds, and also a component of CSR.