posted on May, 4 2013 @ 10:43 PM
Well, our second most overpopulated country is losing tens of billions of dollars because they don't have enough water for industry and supporting
1.2 billion people. This should be a lesson to everyone of what happens when you don't curb population growth.
Tata Faces Crisis as $20 Billion Spent on Water: Corporate India
India, the world’s second-most populous nation, is doubling spending on water management to a record as conglomerates from the Tatas to Adani face
shortages that the United Nations calls an impending crisis.
The federal and state governments have set aside 1.1 trillion rupees ($20 billion) for sewage treatment, irrigation and recycling for the five-year
period ending March 2017, G. Mohan Kumar, special secretary in the Ministry of Water Resources, said in an interview. The nation with 1.2 billion
people, which treats only 20 percent of its sewage, is pouring more money as inadequate clean water is threatening to stunt growth in industrial and
Disputes with farmers demanding rights to their irrigated land have stalled about $80 billion of investment by companies including Posco (005490) and
ArcelorMittal (MT) as Prime Minister Manmohan Singh seeks to revive an economy growing at the slowest pace in a decade. Tata Steel Ltd. (TATA),
India’s biggest maker of the alloy, is setting annual targets to cut water usage as two-thirds of the country faces a scarcity