Water Resource Economics

1. Water for Irrigation: An overview.- 2. Externality in Irrigation.- 3. Unidirectional and Reciprocal externality in irrigation.- 4. Sand Mining Externality.- 5. Relationship between rainfall and recharge.- 6. Marginal productivity of Water.- 7. Costing water for irrigation.- 8. Locating interference and valuing water.- 9. Demand side economics of Micro irrigation.- 10. Supply side economic contribution watershed program to groundwater recharge.- 11. Water markets.- 12. Sustainable path of extraction of Ground water in tank and canal command areas.- 13. Water Policy.- 14. Payment for ecosystem services (PES) for water.- 15. Economics of artificial recharge of borewell in hard rock areas.

MG Chandrakanth is currently Professor and University Head of Agricultural Economics and former Dean of College of Agriculture, University of Agricultural Sciences Bangalore (UASB), India. He completed BSc (Agri) in 1974, MSc (Agri) in Agricultural Economics in 1976 under Professor Noel SP Rebellow, and obtained his PhD in Agricultural Economics in 1981 under Dr JV Venkataram from the UASB. He served the Institute for Social and Economic Change, Bangalore, India, as Assistant Professor in the Rural Economics Unit from 1982-1983 and joined the UASB as Associate Professor in 1983. He has been teaching agricultural economics, production economics, mathematical economics, advanced micro economics, institutional economics and history of economic thought, natural resource and environmental economics courses.



Dr. Chandrakanth pursued post doctoral studies with fellowship from the Ford Foundation, USA in forest resource economics in 1987-1988. He was awarded the Ciriacy-Wantrup Post Doctoral Fellowship for 1988-1990 period, in institutional economics of natural resources at the University of California, Berkeley, USA and worked under Prof Jeff Romm specializing in water resource economics and policy.

He was nominated Vice President of the Indian Society of Agricultural Economics in 2000 and as member of Editorial board of the Indian Journal of Agricultural Economics in 2012. He facilitated student exchange program with the University of Gent with Prof Guido Van Huylenbroeck in Rural Development (IMRD) and was Erasmus Mundus visiting scholar, University of Ghent, Belgium in 2008; DAAD scholar at Humboldt University, Berlin 2010 and 2012. He is a member of the Water Policy Law Group of the University of South Australia, Adelaide, Australia.

"Book under review is a timely and most comprehensive assessment of water and its use in agriculture. ... Chandrakanth, has done a remarkable job of weaving the hydrological, economic and institutional aspects of water use into a meaningful and complete product. ... hydrological concepts, empirical analyses and policy discussions found in this book could very well be applied to agricultural water use decisions and policies in other parts of India and even other parts of the world with suitable adjustments." (Mahadev G. Bhat, Current Science, Vol. 111 (2), July, 2016)