Bikash Choudhury
Global temperature going up owing to climate change phenomena in consequence of which average temperature during summer is rising across the country, green cover is continuously depleting under the pressure of development, at alarming rate, as a result of which ground water table is sinking year after year. To arrest the depleting ground water table; we need to conserve the rain water during monsoon by planning to install rain water harvesting system in each urban & rural houses wherever feasible. Water is a very precious resource for the growth of the country and therefore, IBA & RBI must advise the Banking Industry in the country to frame a suitable policy to finance RWH with an incentive and encouragement for the household to complete the RWH installation in their homes before the monsoon arrive. Such a policy will help the country in achieving the goal of water sufficiency in few years.
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