Seasoned Private Banker @ IDFC FIRST Bank | Wealth Management. Market Scholar and Adherent to Economic Trends. Managing an overall assets worth USD 300 Million.
A little over 30 out of 190 million rural Indian households had tap water connections in India in 2019. However, in early 2024, 145 million households already have a tap water connection. This means that more than 20 million new tap connections are built every year, on average. This remarkable increase in the percentage of rural households with tap water connections, from 16.69 percent in 2019 to 75.18 percent by 2024, is the kind of spectacular policy success rarely seen in India’s social sector history. According to WHO estimates, in 2018, unsafe drinking water caused an estimated 125,995 diarrhoea deaths in India. Therefore, tackling the challenge of providing universal access to safe drinking water not only epitomises a critical stride towards enhancing public health but also embodies a significant leap in mitigating health disparities. There is a strong correlation observed between improved water access and a substantial decrease in diarrheal disease incidence, a major cause of child mortality.
Seasoned Private Banker @ IDFC FIRST Bank | Wealth Management. Market Scholar and Adherent to Economic Trends. Managing an overall assets worth USD 300 Million.
9mo“Were the Centre’s marquee Jal Jeevan Mission (JJM), a nearly ₹3.6 trillion enterprise to provide piped potable water to all of India, it would succeed in averting close to 4,00,000 deaths from diarrhoea, a modelling study by the World Health Organization (WHO) and commissioned by the Jal Shakti Ministry,” reported on June 9, 2023. Additionally, this would avoid 14 million DALYS (Disability Adjusted Life Years) from diarrhoea, save close to $101 billion and 66.6 million hours every day of time that would otherwise have been spent — predominantly by women — collecting water, the authors of the study noted. A DALY represents the loss of the equivalent of one year of full health and are a way to account for the years of life lost due to premature mortality (YLLs) and the years lived with a disability (YLDs), due to prevalent cases of a disease or a health condition, in a population.