Sustainable water supply systems in India - The role of financial institutions and ethical perspective

Abstract

Water is a scarce resource and an important basic necessity for the human survival. The quantity of potable water on earth is limited and its availability per person is reducing day by day due to increase in global population and damage to environment. Though water available in nature is free, sizeable investment is needed in order to supply water to the people at their doorsteps with required quality. This paper deals with the role of financial institutions in the balanced distribution of water for the public, the related problems with various regulatory instruments, and ethical perspectives for efficient utilization of this scarce resource through internal control aimed at long term sustainability.