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India's water crisis could lead to unrest, hurt economic growth, Moody's warns

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Severe water shortages in India could hurt its sovereign credit strength, according to Moody’s Ratings.

Severe water shortages in India could hurt the country's sovereign credit strength, according to Moody's Ratings, warning that the water crisis could lead to social unrest if the agriculture and industrial sectors are disrupted.

Delhi, one of the world's most densely populated cities with over 200 million people, is knee-deep in a water crisis."There are 2.

"This in turn can exacerbate volatility in India's growth and undermine the economy's ability to withstand shocks, given that more than 40% of the country's workforce is employed in agriculture."

 

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India's water crisis could lead to unrest, hurt economic growth, Moody's warnsSevere water shortages in India could hurt its sovereign credit strength, according to Moody’s Ratings.
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