Water Resource Economics — Mains Questions

Critically analyze the economic rationale behind water pricing reforms in India, particularly in the agricultural sector. What are the major challenges in implementing these reforms?

Discuss the 'Tragedy of the Commons' in the context of groundwater depletion in India. Suggest economic and policy measures to address this challenge.

Examine the economic implications of inter-state river water disputes in India. How can economic principles and institutional reforms contribute to their resolution?