Oct. 9 (Bloomberg) -- India, where water availability per person has shrunk by 70 percent in six decades, will set up a monitoring agency for government, industry and private users to help meet its target of cutting leaks and waste by a fifth.
Improved water use will help India save 500 billion rupees ($8 billion), M. Satyanarayana, adviser to India’s water ministry, said today in New Delhi. The government will establish the National Bureau of Water Use Efficiency by the financial year that ends in March, he said.
The agency will help India, where 80 percent of its water supplies go for agriculture and food crops, to label irrigation equipment and help factories to set standards for water use, Satyanarayana said. At least 60 percent of the water supplied to Indian farms is wasted, he said.
To counteract that, India’s water ministry plans to set up an agency similar to the Bureau of Energy Efficiency to ensure efficient water usage by agriculture and industry, he said.
Industrial water demand in the second-most populous country may surge 57 percent by 2025, with India being the most water- stressed of the Group of 20 nations that includes China, according to HSBC Holdings Plc estimates.
--Editors: Randall Hackley, Tony Barrett