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This paper highlights the importance of water valuation and pricing for sustainable and efficient water allocation and management in India. An efficient water-pricing mechanism could be a tool to address the impending crisis of water scarcity, which necessitates a robust, objective, and holistic valuation technique. Every unit of water consumed for economic purposes has an ecological footprint, and this opportunity cost or externality factor need
There is a need to establish a mechanism that regulates water valuation to achieve a fair and efficient allocation of resources amidst growing water s
Efficient water demand management relies on market prices signalling the availability or future scarcity. India should consider such markets for effec
