June 13, 2011

Govt needs to allocate more funds for dams, reservoirs


STAFF REPORT ISLAMABAD: The government should speed up its efforts for constructing new water reservoirs and dams on emergent basis to cope with the looming water crisis which could badly hamper the economic growth in the country.
“The issue of water shortage has not been given much attention and if appropriate steps are not taken, the country could face a water and food crisis,” Mahfooz Elahi, President Islamabad Chamber of Commerce and Industry (ICCI), said in a statement issued here.
He said that Pakistan’s electricity demand is increasing by 7 per cent annually and allocation of Rs 18 billion in budget 2011-12 for new dams and water reservoirs is insufficient.Construction of new water reservoirs and dams assumes additional significance to overcome the rising water shortages problem, he added.

No comments:

Post a Comment