New Delhi Water should be appropriately priced for the industry to sustain high growth and to ensure its efficient use, Planning Commission Deputy Chairman Montek Singh Ahluwalia said today. "There should not be any reluctance in dealing with water pricing when you are dealing with the industry," he told reporters at a Ficci event.

At present, water is highly under-priced for agricultural and industrial use. He further said, "If we want to sustain high growth the for the next 10 or 20 years, then there is simply no doubt that we can not continue to use water as inefficiently as we are doing".