Water Resource Economics Towards a Sustainable Use of Water for Irrigation in India

Author/Creator:

Chandrakanth, M.G. author

Publication/Creation:

New Delhi : Springer India : Imprint: Springer, 2015

Resource Type:

Book

Edition:

1st ed. 2015.

More Details

Additional/Related Title Information

Full Title:

Water Resource Economics Towards a Sustainable Use of Water for Irrigation in India / by M.G. Chandrakanth

Subjects/Genre

Subjects:

Environmental economics
Hydrogeology
Marine sciences
Freshwater
Social structure
Equality
Mathematical optimization
Law of the sea
International law

Description/Summary

Table of Contents:

1. Water for Irrigation: An overview -- 2. Externality in Irrigation -- 3. Unidirectional and Reciprocal externality in irrigation -- 4. Sand Mining Externality -- 5. Relationship between rainfall and recharge -- 6. Marginal productivity of Water -- 7. Costing water for irrigation -- 8. Locating interference and valuing water -- 9. Demand side economics of Micro irrigation -- 10. Supply side economic contribution watershed program to groundwater recharge -- 11. Water markets -- 12. Sustainable path of extraction of Ground water in tank and canal command areas -- 13. Water Policy -- 14. Payment for ecosystem services (PES) for water -- 15. Economics of artificial recharge of borewell in hard rock areas.

Summary:

This book uses resource economics costing approaches incorporating externalities to estimate the returns for the country’s irrigation, and demonstrates how underestimating the cost of water leads farmers to overestimate profits. The importance of the subject can be judged in light of the fact that India is the largest user of groundwater both for irrigation and for drinking purposes, pumping twice as much as the United States and six times as much as Europe. Despite water’s vital role in ensuring economic security for the nation and farmers alike by supporting more than 70% of food production, water resource economists are yet to impress upon farmers and policymakers the true value of water and the urgent need for its sustainable extraction, recharge and use. In an endeavor to promote more awareness, the book further delineates the roles of the demand side and supply side in the economics of irrigation, and explains how the cost of water varies with the efforts to recharge it, crop patterns, degrees of initial and premature well failure, and degrees of externalities. It also discusses the importance of micro-irrigation in the economics of saving water for irrigation, estimating the marginal productivity of water and how it improves with drip irrigation, the economics of water sharing and water markets, optimal control theory in sustainable extraction of water, payment of ecosystem services for water, and how India can effectively recover. In closing, the book highlights the role of socioeconomic and hydrogeological factors in the economics of irrigation, which vary considerably across hard rock areas, and the resulting limitations on generalizing.

Language:

English

Language Note:

English

Physical Type/Description:

1 online resource (245 p.)

General Note:

Description based upon print version of record.

Additional Identifiers

Catalog ID (MMSID):

9937684248602486

ISBN:

81-322-2479-5

Other Identifiers:

doi: 10.1007/978-81-322-2479-2