Water crisis prompts states to invest in water projects
By Harish Rao
With India moving from water sufficiency to deficiency, various states have made substantial allocations towards urban and rural water supply schemes. According to latest information, more than 5,100 water supply schemes have been initiated under various reform projects across 26 states.
Gujarat, Maharashtra, Andhra Pradesh, Tamil Nadu and Karnataka are in the forefront in implementing various projects aimed at solving the problem of potable water. Most of the states have approached the World Bank and other international agencies for funding these projects. Of the $1.2 billion worth of water projects currently under implementation, the World Bank has committed $850 million. The Japan Bank for International Cooperation is another important lender for water projects.
In Gujarat, water pipeline projects worth Rs 3,500 crore are in various stages of implementation. The state has also lined up another Rs 7,500 crore worth of water projects for the future. The government has come out with an innovative BOOT-cum-annuity scheme to attract private investment in water distribution and management.
For more details please refer to Projectmonitor Prinit Version.