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Privatization of water involves transferring of water control and / or water management services to private companies. Advantages of water privatization: Price hikes are unaffordable for poor. May lead to unsustainable water mining. May lead to creation of water monopolies.
Privatization of water involves transferring of water control and / or water management services to private companies. Advantages of water privatization: Price hikes are unaffordable for poor. May lead to unsustainable water mining. May lead to creation of water monopolies.
Privatization of water involves transferring of water control and / or water management services to private companies. Advantages of water privatization: Price hikes are unaffordable for poor. May lead to unsustainable water mining. May lead to creation of water monopolies.
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Water Privatisation Nov 27, 2013 Access to safe drinking water has been recognized as a human right by UN. But due to increasing consumption patterns, water is becoming scarce and this scarcity is an emerging threat to the global population. Thus to overcome this issue, the solution proposed by world bodies such as World Bank, IMF is privatization of water.
Privatisation of water involves transferring of water control and/or water management services to private companies. The water management service may include collection, purification, distribution of water and waste water treatment in a community.
There are several models of water privatization:
a) Service Contracts In this model, public authority retains overall responsibility for the operation and maintenance of the system, and contracts out specific components such as meter reading, billing and maintenance.
b) (Design), Build, Operate, Own and Transfer or (D)BOOT This model is used for infrastructure development related to water management e.g. water treatment plants that. The private operator is required to finance, construct, operate and maintain the facility for a specific period of time.
c) Divestiture In this model, the government or public authority awards full ownership and responsibility of the water system including the water source to a private operator under a regulatory regime
Advantages of water privatization: Improves efficiency of water utilization. Creates competition which may be beneficial for customers. Enable the extension of water services with good water quality.
Disadvantages of water privatization: Price hikes are unaffordable for poor. May lead to unsustainable water mining. May lead to creation of water monopolies. Notifications UPSC State PSC
View Result of "Combined State/Upper Subordinate Service (P) examination - 2013" May 24, 2014 Result for "Combined Lower Subordinate Service (M) examination - 2009 May 22, 2014 JPSC - 5th Combined Civil Services Mains Examination-2014 May 13, 2014 COMBINED STATE / UPPER SUBORDINATE SERVICES PRELIM EXAMINATION-2014 ( PCS - 2014 ) Apr 24, 2014 UPPSC-2012 FINAL RESULT ANNOUNCED Mar 04, 2014 More Hindi Call US on : (+91)8130392354-56-57-58-60 or 011-47532596 Hi, gheyasuddin Logout GS (Pre + Mains) Batch Starting from June 16,2014 (6:30 PM To 9:00 PM) More Batches 5/27/2014 Write a Comment Corruption and lack of transparency. Corporations in search of profits can compromise on water quality.
Example: The Chattisgarh State Industries Development Corporation (CSIDC) , which is in the charge of industrial development in the state , commissioned the project to meet the demand on water in the Borai Industrial area situated on the Banks of the shivnath a non perennial river. As part of the project, a 23.6 km stretch of river was ceded to Radius Water through a 22 year renewable contract, under which the company had absolute monopoly over the stretch of river water. In return, Radius Water would provide water to the CSIDC from the Shivnath during the lean 6 months. Furthermore, Radius Waters monopolistic deal with CSIDC and the water resources department covered ground water as well in an 18 km radius covering the Borai industrial area. The company promptly prohibited fishing in the stretch of the river and also changed local farmers for access to water from tubewell.
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