Ministry clarifies on water policy

New Delhi Nov. 7. The Union Water Resources Ministry today clarified that the objectives stated in the National Water Policy, 2002, for private participation was not for privatisation of water resources but to encourage private sector participation in developing such resources for the public good.

The Ministry said that due to financial constraints, State Governments were unable to make sufficient budgetary provision for development and management of water to meet the financial requirements of the sector. The Policy provides for greater private sector participation in planning, development and management of water resources for better availability of funds.

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