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Library Market-based instruments for water allocation in India: issues and the way forward

Market-based instruments for water allocation in India: issues and the way forward

Market-based instruments for water allocation in India: issues and the way forward

Resource information

Date of publication
декабря 2008
Resource Language
ISBN / Resource ID
AGRIS:QL2012002259

Institutions do matter in managing water scarcity. Institutional reforms in water sector in recent years have tried to replace the existing command-and-control approach with more innovative and comprehensive marketbased approach. Based on a comprehensive literature review, this paper highlights various issues involved in marketbased institutional reforms in the water sector in various countries. This paper finds that even though there are some problems, the market-based institutional reforms are capable of generating relatively higher benefits through efficient, equitable and sustainable water allocation mechanisms. This paper also provides policy suggestions on introducing market-based instruments formally in the water sector in the Indian context.

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Author(s), editor(s), contributor(s)

Venkatachalam, L.

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