ESSAYURBAN WATER GOVERNANCE AND ENVIRONMENTAL JUSTICE
The Price of Water Is an Economic Number Wearing a Moral Disguise
Moody's June 2026 water management ratings placed India in the highest water-risk category, with the country holding 18% of global population but only 4% of freshwater resources. Research from the Jal Mulya project found that Indian cities price freshwater below the cost of treating grey water for reuse, discouraging recycling even as Non-Revenue Water losses routinely exceed 30% of urban supply.
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