ISSN (Print) - 0012-9976 | ISSN (Online) - 2349-8846

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THE ECONOMY-Adrift on FDI

and causes erosion leading to embankments giving way when the river is in spate. This has happened this year, already in the first few weeks of the monsoon, in some sections of the Beas valley. The fact that the frequency and seventy of the flooding of the river has gone up in the last few years has prompted an inquiry by the Central Water Commission. But there is evidence that environmental degradation and unplanned urban growth have contributed to the frequent flooding. In Rajasthan, which does not normally expect much rain, there is lack of attention to strengthening small dams and local canal systems and tanks which give way during the rains. Disputes over river waters between states and between Pakistan on the one side and Bangladesh on the other too have affected the flow of river waters. For instance, the building of reservoirs and dams have altered the course of the river Ravi such that it inundates new areas every year during the monsoons.

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