Groundwater is the cherished source of irrigation in India as it plays vital role in increasing food productivity and … ensuring food security in India. But adding fly to the ointment, advances in groundwater extraction technology have only … resources would have severe socio-economic consequences. Estimates show that 45 per cent of the total irrigation area in Tamil …

This paper examines how a surface water market affects the performance of a groundwater basin that is in open access …. The market only solves the groundwater over-extraction problem when pumping costs are high, while market failure arises … choices in response to water supply changes. I use a micro level crop choice data to test the theory and find that the farmers …