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Drinking Water Supply Management through Innovative Methods and Finance in Municipal Councils of Mumbai Metropolitan Region

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  • Sanjay RODE

    (Somaiya College, Mumbai university, India)

Abstract

Drinking water is a basic need of human being. Adequate, continuous and safe quantity of drinking water supply reduces the burden of diseases and improve standard of living of people. The water demand is continuously increasing with urbanization in Mumbai Metropolitan Region. The supply of drinking water is inadequate due to more demand by different units. The demand of drinking water is higher by population, commercial units, health care, educational institutions and industry. The deficit in supply of drinking water supply is observed in all the municipal councils of Mumbai Metropolitan Region. The Tobit regression shows that the water demand is positively co-related to the population, malls and theaters in all councils. Therefore the policies of public private partnership will bring good result in water supply infrastructure. The municipal councils should be allowed to issue municipal bonds to raise long term capital. The water use laws and awareness among people about scarcity of water will reduce water waste and improve its effective use. Government and municipal councils should look long term solution to reduce water scarcity in metropolitan region.

Suggested Citation

  • Sanjay RODE, 2014. "Drinking Water Supply Management through Innovative Methods and Finance in Municipal Councils of Mumbai Metropolitan Region," Economia. Seria Management, Faculty of Management, Academy of Economic Studies, Bucharest, Romania, vol. 17(1), pages 100-113, June.
  • Handle: RePEc:rom:econmn:v:17:y:2014:i:1:p:100-113
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    More about this item

    Keywords

    Equality; Health; Tariff.;
    All these keywords.

    JEL classification:

    • D1 - Microeconomics - - Household Behavior
    • H7 - Public Economics - - State and Local Government; Intergovernmental Relations
    • I1 - Health, Education, and Welfare - - Health
    • Q5 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Environmental Economics

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