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Stocks B / Berkshire Hathaway
|Subject: Re: OT: Global Water shortage.||Date: 4/21/2013 8:00 PM|
|Author: putnid||Number: 201107 of 218958|
By coincidence, Bloomberg just posted this article regarding water issues in India:
India, the world’s second-most populous nation, is doubling spending on water management to a record as conglomerates from the Tatas to Adani face shortages that the United Nations calls an impending crisis.
The federal and state governments have set aside 1.1 trillion rupees ($20 billion) for sewage treatment, irrigation and recycling for the five-year period ending March 2017, G. Mohan Kumar, special secretary in the Ministry of Water Resources, said in an interview. The nation with 1.2 billion people, which treats only 20 percent of its sewage, is pouring more money as inadequate clean water is threatening to stunt growth in industrial and farm output.
India has 18 percent of the world’s population and four percent of the globe’s water resources,
India’s demand for clean water by 2030 may exceed supply by 50 percent while pollution is making what’s available unfit for human consumption, industrial or farm use, according to McKinsey & Co. forecasts and a government report.
Jim Rogers, the investor who foresaw the start of a commodity rally in 1999, said he is “extremely opt