Privatization of Water

The World Bank initiated water sector reforms aim primarily at privatizing water utilities and commercializing water resources. The water privatization policy of the World Bank articulated in a 1992 paper entitled “Improving Water Resources Management” proceeds from the belief that water availability at low or no cost is uneconomical and inefficient.

Bagmati River

The Bagmati Action Plan is the latest attempt to heal the river system, from its origins in the Shivapuri hills to Chouva where it leaves the valley. It was launched in 2008 for the period 2009-14, and proposes a budget of close to 15 billion Nepalese rupees spread over five years (in comparison, in 2008 – 2009, the total allocated for the Bagmati and its tributaries was Rs. 1,394.24 million).