Those who fear water privatisation are yet to grasp its benefits and financial assistances it provides. The truth is such fears are baseless and unwarranted.
Companies like Vishvaraj Infrastructure Ltd (VIL) who won two major awards in the sector at the recent World Water Leadership Congress & Awards can lead water privatisation in the right track. The company won the presitigious Water Reuse Project of the Year and Mr Arun Lakhani, VIL’s chairman and managing director won the award for Outstanding Contribution to Water.
Let’s take a step and reevaluate the scenario and head down to Nagpur where the city pumps 540 million litres of water every single day, but only 140 million litres is accounted for. This leaves the state at a loss of 400 million litres.
Why is so much water being wasted when it could be used or better still the question is why is 74% of the water not accounted for?
For those who fear, must understand private entities like VIL India, would play a big part in the installations of tap water connections in all houses. They could create systems for metering them. While, matter of fees and tariffs, would be decided by the concerned municipal body.
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