The Impact of Indus Water Treaty on Pakistan’s Economy

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The Impact of Indus Water Treaty on Pakistan’s Economy

Former Federal Minister for Water and Power Khawaja Asif has many times clearly called out in the open words about the Indus Water Treaty and its consequences on the Pakistan economy as well. He did mention that Pakistan will be facing on with some of the hard and severe consequences of water scarcity in the coming few years. On the result of it, this Ethiopia-like situation may occur as because of the water blocked by India. Khawaja Asif has mentioned in his statements that this Indus Waters Treaty was not in favor of Pakistan. The government had to take on with some of the serious actions to learn whether this treaty has to be reviewed or not.

Shortage of Water Supply in Pakistan:

If we talk about the current situations, then water has definitely become the matter of life and death for Pakistan. In the coming 10-15 years, there will be a severe shortage of water that is to be witnessed.  This has been all because of the fact that India was blocking water and constructing dams on Pakistani rivers. There is a need to know that the neighboring countries should consider the requirements of Pakistan before constructing their water reservoirs. In order to avert any sort of the unpleasant situation, the Government has to adopt with some serious water conservation methods. With the growing population, this issue is getting even much worse.

Pakistan has concerns related with the Indus Waters Treaty. Under the conditions of this treaty, Pakistan will get less water in the coming years. Indus water commissioner Sheraz Memon did unveil that Pakistan was having objection over seven projects of India. India has been constantly using water from River Indus for the reason of which water level has reduced in the river. India was on some plans to start the construction of 53 power projects and seven dams. It has already completed 16 projects on river Chenab while another four are under construction. India was also constructing the 850-megawatt Rattle project. It has been given a warning that Pakistan will approach the International Court of Arbitration if India did not stop the construction of this project.

History Behind Indus Water Treaty:

The Indus Water Treaty (IWT) is basically the form of water sharing arrangement. It was signed in Karachi on September 19, 1960, by at that time Prime Minister Jawaharlal Nehru and Pakistan’s President General Ayub Khan. The World Bank brokered the treaty and is also a sharing party to it. Indus system of rivers has been based on three western rivers that are namely known as Indus, as well as Jhelum and Chenab. It is also based on three eastern rivers namely as Sutlej, Beas, and Ravi.

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