More Than Half of India’s Rivers Too Polluted to Drink

More Than Half of India’s Rivers Too Polluted to Drink

Raw sewage and industrial waste rendered water in more than half of India’s 445 rivers unfit for drinking, according to the Central Pollution Control Board. The report compared pollution levels from 1995 to 2011 including the rivers as well as 154 lakes and 78 ponds in the second-most populous nation. Water from at least a quarter of the rivers surveyed can’t even be used for bathing, it said. India will need “considerable” investments in waste management to meet demands of growing urban populations. Only 29 percent of municipal wastewater is treated by Indian cities of 38 billion liters (10 billion gallons) generated every day, according to the report. By 2050, 100 billion liters may come from Indian cities each day, it said. India’s per capita fresh water resources have fallen to 1,845 cubic meters in 2007 from 6,042 cubic meters in 1947, according to the report. This is expected to drop to 1,000 cubic meters by the end of the century, it said. Indian cities use 50 billion liters of municipal water a day, the report said. Although the nation isn’t facing immediate water scarcity issues, several river basins including the Sabarmati in western India are under severe stress, according to the report made public last month.

To contact the reporter on this story: Archana Chaudhary in New Delhi at achaudhary2@bloomberg.net

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Kee Koon Boon (“KB”) is the co-founder and director of HERO Investment Management which provides specialized fund management and investment advisory services to the ARCHEA Asia HERO Innovators Fund (www.heroinnovator.com), the only Asian SMID-cap tech-focused fund in the industry. KB is an internationally featured investor rooted in the principles of value investing for over a decade as a fund manager and analyst in the Asian capital markets who started his career at a boutique hedge fund in Singapore where he was with the firm since 2002 and was also part of the core investment committee in significantly outperforming the index in the 10-year-plus-old flagship Asian fund. He was also the portfolio manager for Asia-Pacific equities at Korea’s largest mutual fund company. Prior to setting up the H.E.R.O. Innovators Fund, KB was the Chief Investment Officer & CEO of a Singapore Registered Fund Management Company (RFMC) where he is responsible for listed Asian equity investments. KB had taught accounting at the Singapore Management University (SMU) as a faculty member and also pioneered the 15-week course on Accounting Fraud in Asia as an official module at SMU. KB remains grateful and honored to be invited by Singapore’s financial regulator Monetary Authority of Singapore (MAS) to present to their top management team about implementing a world’s first fact-based forward-looking fraud detection framework to bring about benefits for the capital markets in Singapore and for the public and investment community. KB also served the community in sharing his insights in writing articles about value investing and corporate governance in the media that include Business Times, Straits Times, Jakarta Post, Manual of Ideas, Investopedia, TedXWallStreet. He had also presented in top investment, banking and finance conferences in America, Italy, Sydney, Cape Town, HK, China. He has trained CEOs, entrepreneurs, CFOs, management executives in business strategy & business model innovation in Singapore, HK and China.

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