Economic Valuation of Role of forests in Providing Water Supply to the People of Aizawl, Mizoram, India

A study was undertaken in Mizoram to assess the economic value of the role of forests in providing water supply to the people of Aizawl based on their willingness to pay and willingness to work for improving the condition of forests in and around Tlawng River catchment area for improving the water supply. The total economic value of the water retention and water supply function of Tlawng River catchment forest was estimated at ` 23,83,28,870.00 crore per year or ` 8,051.65 per hectare per year.