Managing water resources effectively, to provide maximum benefit to the eco-system of the subcontinent, is a prime concern of India today. Managing Water in River Basins provides an in-depth analysis of existing strategies of water management and highlights the gaps in economic use of the water of river basins. The author addresses the challenges in allocating water amongst states that share water from the same river basin. He explores the choices for augmenting supplies and managing demands of water allocation in river basins. He also examines in detail the scope of some of the widely known economic tools of water management and various institutional forms for operating these management strategies. The volume posits in great detail various alternative strategies for water management. In doing so it also looks at the opportunities for enhancing the productivity of water to boost the wealth-generating potential of the resource.