A large number of rural households in the state of Odisha, India are dependent on agriculture for their basic livelihoods, which is affected by the frequent occurrence of climate externalities like cyclones and floods. In response, the farm households do also undertake adaptation measures to...

Institutions do matter in managing water scarcity. Institutional reforms in water sector in recent years have tried to replace the existing ‘command-and-control approach’ with more innovative and comprehensive marketbased approach. Based on a comprehensive literature review, this paper...