Water, a natural resource for production, particularly agricultural production, now requires greater capital for its use. Can you explain the statement?
Water is required for agriculture and in the absence of an adequate amount of water the production level of crops decreases.
Intensive use of water has increased production but has reduced the level of water table. Even the regions have frequent rainfall which recharges the water table has reached a low level.
As a result, the farmers have to dig deeper tubewell for irrigation. High level of irrigation requires electricity. These have increased the consumption of electricity.
To have a well-developed irrigation system requires huge capital.
Couldn't generate an explanation.
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