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Authors
Affiliations
1 Shri Jairambhai Patel Institute of Business Management and Computer Applications, Gandhinagar, IN
2 Anand Institute of Management, Anand, IN
Source
Abhigyan, Vol 35, No 3 (2017), Pagination: 63-73
Abstract
Shortage of water, for domestic as well as industrial use, is the cause of concern across the world. India is also facing the same problem, which is likely to worsen in future, if certain preventive measures are not taken on sustainable basis. Among the various alternative technologies to augment freshwater resources, rainwater harvesting and utilisation; is a decentralised and environmentally sound solution. This research specifically analyses the economic feasibility of developing the rainwater recharging system at the Green City Cooperative Housing Society (GCCHS), Vavol, Gandhinagar. The cost-benefit analysis is also supported by the empirical research on the households residing in this society. Their awareness, readiness and the perceptions for developing such system were also evaluated. Overall, it was found that having rainwater recharging system is economically feasible and socially acceptable to the residents of the society.
Keywords
Capital Budgeting, Financial Feasibility, Rainwater Recharging, Viability, Water.
