1. Environmental Cost Benefit Analysis Table
PROJECT TITLE Water and Green Economy Policy Implementation in Marathwada, Maharashtra
Sector Proposed Policies Benefits
Benefit
Estimate
Benefit
Impact
(HIGH=
3
MEDIU
M=2
LOW=1)
Costs
Cost Estimate
Costs
Impact
(HIGH=
3
MEDIU
M=2
LOW=1)
Industrial
i)Factories that have
been non- functional
should be closed and the
financial dues must be
cleared through revenue
generated by the process
of asset liquidation.
ii)Current level of sugar
production exceeds
demand so no new
licenses should be given
for setting up new sugar
mills, in drought-prone
areas.
Transfer of sugarcane
factories will help in
releasing the stress of
water scarcity from
drought-prone areas like
the Beed District. More
viable options include
the areas of Western
Maharashtra. New
licenses not being
issued helps to improve
the efficiency of labour
as the high density of
specialised labour will
now be only employed
in profit making firms.
Output is
estimated to
be increased
by 12-15%
after firms
get increased
quantity of
specialised
labour.
New job
opportunities
estimated at
7,50,000-
10,00,000
with the
induction of
3
Setting up of new
factories will include
costs such as buying
or renting of land to
set up factories,
setting up of new
machinery to increase
efficiency and reduce
the amount of waste
produced in the
sugarcane factories.
Purchasing of
new machinery
= approx. 300
crores
Revenue
generation
from asset
liquidation =
approx. 150
crores
Total Cost =
approx. 700
crores
3
2. iii) Shift the sugarcane
factories to areas of
assured rainfall.
iv)Induction of small and
large scale industries in
this area will act as an
incentive to service sector
industry.
v) Incentivise the firms to
upgrade their technology
and use water
conservative methods
such as upgradation of of
the equipment such that it
can extract water from
the sugarcane itself like
Dr. Babasaheb Ambedkar
Cooperative Sugar
Factory in Koshegaon.
This will help in
increasing their wages
and in the long run will
provide them with
better standards of
livelihood.
MSMEs in
the entire
region.
Agriculture
i) Farmers must turn
towards sustainable
methods of farming such
as rational cropping
patterns.
Production of less water
intensive crops like
cotton will prove to be
beneficial as it will
reduce the stress on the
entire region which is
Expected
increase in
yield of
crops using
organic
material is
3
Research Funding is
an expensive option so
the government will
have to find ways of
increasing the revenue
for allocating the
Allocation for
research =
approx. 20
crores.
Production of
3
3. ii) Farmers should
produce more of crops
such as saghoum and
cotton.
iii) Establishment and
development of organic
norms and standards for
the villages.
iv) The government
should fund for research
in producing that quality
of crops which can
withstand the dryness and
high average
temperatures of the
Marathwada region.
already in deep trouble
due to water scarcity. In
the long run the
government should
have in mind policies
regarding the
establishment of
organic markets with
the support of small
scale farmers as a
stepping stone towards
green growth.
estimated at
25-27%. It is
also
expected that
these
numbers will
increase as
the farmers
shift to a
more
ecologically
balanced and
rational
practice of
farming.
required fund else the
burden on the state
treasury will be too
heavy.
Organic material is
not so cheaply
available so to
develop such markets
there would be costs
regarding the
legalization of
standards and norms,
the proper
development of
organic seeds and
production of organic
fertilisers.
organic seeds
and fertilisers
=approx. 53
lakhs
Total Cost =
approx. 20.55
crores
Household
i) In the villages of the
Marathwada region there
should be government
outreach to provide LPG
Gases to switch from use
of non renewable energy
source such as coal.
Switching to LPG will
be a step towards
inclusive growth along
with a step towards the
implementation of a
green economy in the
Marathwada region.
Every child
above 5
years if
enrolled in
primary
school and
completes
his education
2
Construction of
primary, secondary
and high school
buildings = 78-85
lakhs. The
government would go
for options involving
green building designs
and green building
Total Cost =
approx. 12.85
crores
2
4. ii) Increase literacy in the
backward areas of the
Marathwada region such
as Jalna district.
in time can
in the future
earn
any amount
starting from
Rs 450000
annually.
materials.
Distribution of new
LPG Subsidies = 8-12
crores
Finance
a)Incentives for
establishment of Waste
Eco Park in the city of
Aurangabad, Marathwada
region.
b)Setting up of Gramin
Banks in all the 8 districts
of the Marathwada
region.
Gramin Banks will help
to once again reiterate
the government’s
agenda of a cashless
economy. They will
also help in providing
easy access to loans for
farmers and the
MSMEs. Banks will
also open opportunities
for investments in the
small scale industries
and help the village
people be more digital
and connected to the
urban areas.
Estimated
visitors for
the Waste
Eco Park = 2
million
annually
Entry fee for
the waste
Eco Park =
Rs 100
Total Benefit
Estimate = 2
billion
annually
2
Allocation of land for
Gramin Banks = 65
lakhs
Construction of Waste
Eco Park = 4.5 crores
Maintenance = 18
lakhs annually
Total Cost =
approx. 5.5
crores
2
2
Total cost =
1
5. Water
Management
i) Artificial groundwater
recharging must be done
by watershed
development. If the water
table lowers, the water
must be lifted higher to
reach the land surface,
which increases the cost.
ii) The surplus of water
that we will get from
adopting rational
cropping patterns and
avoiding water intensive
crops should be devoted
for domestic purposes.
iii) Drip or sprinkler
irrigation must be made
mandatory for all
agricultural purposes.
iv) Installation of
infrastructure to treat
wastewater and use it for
irrigation purpose.it not
only utilizes the
otherwise wasted water
but also increases the
Reduce the scarcity of
water by adopting the
method of reduce, reuse
and recycle.
Machinery and
Equipment = approx.
12.7 crores
Installation charges =
approx. 87 lakhs
13.57 crores
6. productivity of the crop
due to high nutrient
content.
Manufacturing
In a sustainable world
with about 9 billion
people by 2050, to turn
towards green investment
we must embark upon
adopting an integrated
three-step framework:
a)planning for Green as
a core part of business
strategy
b)executing Green
initiatives across the
value chain by shifting
towards Green energy,
Green products and
Green processes
c) Communicating and
promoting Green
initiatives and their
benefits to all
stakeholders.
Long term cost savings,
greater ability to attract
talent and higher
investor interest in
manufacturing
companies.
Fund
Allocated for
Green
Initiatives is
estimated to
be around 20
million
annually.
2
7. CONCLUSION: These policies are estimated to be profitable after a total of approximately 11 years and 6 months. The year 2035 shall be the
break-even year, and profitable years will follow with more steps taken by the government to enhance the green economy concept.
To overcome the issue of drought in the state, the Maharashtra State Government in its Additional Budget for the financial year 2019-20 has given an
approval for artificial rain experiment b aerial cloud seeding. This will be step towards increasing rainfall using modern technology. As of October
2019, 9 major, 600 medium and small irrigation projects are ongoing in Marathwada region.