Here's how India can address the emerging scarcity of fresh water
Mint Mumbai|November 29, 2024
It's time for the country to invest in future supplies through desalination plants that could be set up along our vast coastline
SUDIPTO MUNDLE
Here's how India can address the emerging scarcity of fresh water

In recent articles, I have often referred to three ongoing technological revolutions that will fundamentally transform the way we live: the energy transformation from fossil fuels to renewables, the artificial intelligence (AI) revolution and the biotechnological revolution (Mint, 31 May 2024, Economic & Political Weekly, 28 September 2024). But there is a fourth fundamental challenge which will also have a profound effect on our lives in India and around the world—namely, the emerging global water crisis. Or to put it more precisely, the crisis of scarce fresh water supply. This column addresses this issue.

To put things in perspective, here are some numbers. There is no scarcity of water per se. Accounting for over 70% of the earth's surface, the world's stock of water has been estimated at over 1.4 billion cubic kilometers—vastly in excess of our needs today and in the foreseeable future. However, only 2.5% of this is fresh water, mostly in the form of frozen polar ice-caps and glaciers (69%) and ground water (30%). Only 1% is available as surface water, mostly as ground ice or permafrost and in lakes, marshes, rivers, living creatures and as water vapor in the atmosphere. The natural supply of fresh water is not only not growing, but is likely to shrink due to climate change. Meanwhile, the consumption of fresh water has increased by 600% during the past century due to population growth and increasingly intensive fresh water use in agriculture, which accounts for 70% of total consumption, industry (23%), and home consumption (7%).

Diese Geschichte stammt aus der November 29, 2024-Ausgabe von Mint Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

Diese Geschichte stammt aus der November 29, 2024-Ausgabe von Mint Mumbai.

Starten Sie Ihre 7-tägige kostenlose Testversion von Magzter GOLD, um auf Tausende kuratierte Premium-Storys sowie über 8.000 Zeitschriften und Zeitungen zuzugreifen.

WEITERE ARTIKEL AUS MINT MUMBAIAlle anzeigen
Unregulated and volatile: Is crypto worth the gamble?
Mint Mumbai

Unregulated and volatile: Is crypto worth the gamble?

India’s crypto landscape is a complex mix of volatility, cybersecurity risks and regulatory gaps

time-read
3 Minuten  |
November 29, 2024
A 'dark' tour of Ukraine's war-ravaged cities
Mint Mumbai

A 'dark' tour of Ukraine's war-ravaged cities

Tour companies are offering thrill-seeking tourists packages to visit sights of tragic events, hoping to make money and raise awareness

time-read
2 Minuten  |
November 29, 2024
Shades of art and coffee
Mint Mumbai

Shades of art and coffee

A Mint guide to what's happening in and around your city

time-read
1 min  |
November 29, 2024
Mint Mumbai

AI effect: Business efficiency but puffed-out workers?

Upskill. Upgrade. Retrain. Reskill. Words that are sprinkled liberally in the business updates of many listed firms of India Inc. While companies have begun to boast of their fast-increasing count of workers skilled in the use of artificial intelligence (AI) tools, for us employees, the quickened pace of upskilling seems to be a race. A race that many did not volunteer to participate in, but cannot afford to watch from the sidelines. It is ironical that AI, which is expected to ease business complexities, may end up exhausting employees being pushed to Upskill, Upgrade and Retrain.

time-read
3 Minuten  |
November 29, 2024
Here's how India can address the emerging scarcity of fresh water
Mint Mumbai

Here's how India can address the emerging scarcity of fresh water

It's time for the country to invest in future supplies through desalination plants that could be set up along our vast coastline

time-read
3 Minuten  |
November 29, 2024
It won't be easy for Bessent to fix US finances but he should
Mint Mumbai

It won't be easy for Bessent to fix US finances but he should

Trump's chosen Treasury secretary will face a daunting challenge

time-read
3 Minuten  |
November 29, 2024
India should consider a jobs-linked incentive scheme
Mint Mumbai

India should consider a jobs-linked incentive scheme

Employees Provident Fund Organisation (EPFO) data shows that around 12-13 million formal jobs are added every year. This is good news. On the other hand, data from the Centre for Monitoring Indian Economy reveals an unemployment rate that has ranged from 7.2% to 9% this year.

time-read
3 Minuten  |
November 29, 2024
Small government: Back with a bang or whimper?
Mint Mumbai

Small government: Back with a bang or whimper?

Trump's push for a drastic scale-back of the American state could be a test case for others. Get it right, the economy booms. Get too radical, and big-bang reforms could backfire badly

time-read
2 Minuten  |
November 29, 2024
How to keep your FIRE alive: Smart financial planning tips
Mint Mumbai

How to keep your FIRE alive: Smart financial planning tips

Financial experts came together at the Mint Money Festival 2024 to discuss FIRE (financial independence, retire early), how to execute it, and things to look out for along the way.

time-read
3 Minuten  |
November 29, 2024
Mint Mumbai

Who doesn't love cash transfers but are these really the answer?

These schemes are easy to run and popular but do little to reduce the disadvantages women face

time-read
3 Minuten  |
November 29, 2024