IndiaCSR News Network
NEW DELHI: YES BANK’s most recent knowledge report, ‘Water – the Next Sustainability Frontier’, which was released at the India Water Week 2016 by Shashi Shekhar (Secretary, Ministry of Water Resources, River Development and Ganga Rejuvenation), during the session on strategy to achieve targets under UN sustainable development goals in the water sector.
The report, prepared by YES BANK’s Responsible Banking Team undertakes a situational analysis of the existing demand and supply of water in the country and presents ways to redeem the current situation.
India’s total water consumption currently is at 702 bcm (billion cubic meters) against an estimated availability of 1,123 bcm. Even though current demand is lower than availability, it is expected to outpace availability in the coming years, as consumption for domestic and industrial usage is expected to almost double in the next decade and agricultural consumption expected to rise sharply.