<p><span style="font-size:14px;"><strong>Privatization of Water</strong></span></p>
<p><img alt="" src="http://www.indiaenvironmentportal.org.in/files/country/nepal/private_water_hl.jpg" style="border-width: 2px; border-style: solid;" /></p>
<p>The World Bank initiated water sector reforms aim primarily at privatizing water utilities and commercializing water resources. The water privatization policy of the World Bank articulated in a 1992 paper entitled “Improving Water Resources Management” proceeds from the belief that water availability at low or no cost is uneconomical and inefficient.</p>