Why water shortage can leave economy parched, Moody's says
- TIMESOFINDIA.COMUpdated: Jun 28, 2024, 16:39 IST IST
Severe water shortages in India could hurt the country’s sovereign credit strength, according to Moody’s Ratings, warning that the water crisis could lead to social unrest if the agriculture and industrial sectors are disrupted
Water, lots of it, is essential to India’s economic and industrial growth. But shortages can hit key sectors and spark a larger meltdown unless managed quickly, says a report by Moody’s.
Key takeaways from the report:
Key takeaways from the report:
