Why is it in the news ?
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According to the analysts, providing water connections to every household in the country at an estimated capital expenditure of over ₹3 lakh crore is expected to create huge business opportunities for corporates.
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According to them, the move would provide employment to millions of people and may kick-start the investment cycle.
More in the news
Key Analysis:
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All investments in water supply-related projects should be made by the government.
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The private sector would not be keen to invest in such projects since pay-per-use model has not been established in the sector.
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Also, such investment results in job creation and ancillary economic activities.
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So, from a quality of expenditure perspective, Jal jeevan is a welcome move to kick-start aggregate demand.
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However, some analysts expressed the doubt on the availability of huge funds for these projects.
Source
The Hindu