We often hear about conflicts among different States in India over river waters. Of the 20 major river systems, 14 are already water-stressed; 75% of the population lives in water-stressed regions, a third of whom live in water-scarce areas. Climate change, the demands of rising population and the need for agriculture to keep pace, and increased rate of urbanization and industrialization will exacerbate water stress. According to the Constitution of India, water is a State subject and not that of the Union, except for regulation of inter-State rivers. Key to ensuring balance between competing demands of various stakeholders is a basin-based approach to allocate water amongst constituent regions and States. Allocating fair share of water to them requires assessments based on objective criteria, such as specificities of the river basin, size of dependent population, existing water use and demand, efficiency of use, projected future use, etc. while ensuring the environmental needs of the river and aquifers. Which one of the following statements best reflects the most rational, practical and immediate action required to ensure fair and equitable allocation of water to different stakeholders ?

Correct Answer: Option A