Abstract

The article is based on the economics of water and the assessment of its demand and supply in India. Is there actually dearth of water resources in the country or is it the misallocation of this precious resource. The paper provides insights to those who are at the helm of the affairs and have the authority to make policy. The repercussions of the present crop distribution will prove to be deadly as over a period of time it will lead to further depletion of water resources and the anticipated water crisis will loom large for our future generations. It is important to bridge the gap between the imbalances between the demand-supply of water. Out of two, we know that it would not be possible to increase the supply of this limited resource. So, we must pay attention to the demand side of it.