Tag: Aquality Water

Budget 2024: Prudent & Forward-Thinking

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By Naser Azeez Mohammed, Managing Director, Aquality Water Solutions Pvt. Ltd. The World Economic Outlook report from the International Monetary Fund (IMF) anticipates an improvement in global economic growth in 2024, reaching 3.1%. The IMF also projected that India will attain the position of the third-largest economy by 2027. India has showcased resilience throughout 2023, overcoming challenging global economic conditions. The initial advance estimate indicates a projected gross domestic product (GDP) growth of 7.3% for the financial year FY24. In FY25, India’s economic growth will consistently be driven by government…

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Budget 2022-23: Water for Development of Nation

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Budget 2022 by AQUALITY Water

By Mohammed Naser Azeez, Managing Director, Aquality Water Solutions Pvt. Ltd. Water resources are under serious threat across the globe and India is also facing the grave water challenges. Availability of safe drinking water, inefficient water use practices and inadequate wastewater treatment are some of the greatest issues India is facing currently. The groundwater withdrawal rate as compared to available supplies is extremely high due to better economic activities coupled with rapid urbanization and population growth. The combined effect of increasing population and expanding cities will see the demand for…

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