Look at what is happening in Delhi. The state government has implemented an alternate-day travel plan [the odd-even rule] for vehicles to improve the city’s air quality. Not long ago, there were issues related to allocation of coal mines and telecom spectrum.
I see a common thread to all this. All these issues are ultimately connected to governance and how we address questions related to the environment,” says Navneet Munot, chief investment officer (CIO) at SBI Mutual Fund.
It was almost the end of the year when Forbes India met him at his ninth-floor office in Crescenzo in Mumbai’s Bandra-Kurla Complex. The office was nearly deserted as most employees were on their year-end holidays. Munot did not have that luxury as he was just back from Ahmedabad for a series of back-to-back meetings.
According to him, rationing measures will also be implemented in other areas like water and electricity. “The government might regulate supply of water and electricity too,” he says. Today, corporate India pays only a trivial amount for the water it uses and Munot feels that all this might change as climate change effects like drought and pressure on natural resources start to take a toll.
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