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How Water Green Credits Can Further Conservation
Hindustan Times Navi Mumbai
|March 26, 2025
India, home to 18% of the world's population, holds only 4% of its groundwater, which is being extracted at an alarming rate.
Over the past 70 years, per capita groundwater availability has declined by 25%. A 2021 CAG report warns that if extraction surpasses recharge rates, 80% of drinking water supplies will be affected.
Agriculture accounts for 87% of groundwater extraction, with the remaining 13% used for domestic and industrial purposes. Ageing irrigation infrastructure, with most dams built before 1990 operating at less than 50% of their storage capacity, aggravates groundwater reliance. The country faces challenges from water-intensive crops, inefficient irrigation, leaky distribution networks, and inadequate wastewater treatment. The absence of an integrated national water policy further compounds the issue.
To address India's water crisis, innovative solutions beyond traditional conservation methods are essential. The government's Mission LiFE proposes a green credit programme modelled after carbon credits, incentivising environmental initiatives. This programme enables individuals, farmer organisations, cooperatives, and enterprises to earn and trade green credits.
This story is from the March 26, 2025 edition of Hindustan Times Navi Mumbai.
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