State Economic Benefits of Rivers and Lakes

By BYJU'S Exam Prep

Updated on: November 9th, 2023

The economic benefits of Rivers and Lakes are irrigation, hydropower generation, development of tourism, navigation, etc. When humans first began settling, this was supported by the proximity of water bodies, with water being considered vital for survival. Later these villages developed into big cities. Rivers are considered the most important water source in countries like India, where most people depend on agriculture for subsistence. Each country needs its own tourism industry, and rivers and lakes can be used for tourism development.

Economic Benefits of Rivers and Lakes

Of the 2.5% of the Earth’s freshwater, less than 1% is needed for humans to survive. Fresh water is needed for the survival of humans. It is a habitat for aquatic animals and supports the development of fisheries, which create jobs and improve food security.

  • Irrigation: Agriculture cannot function without irrigation. The majority of the population in India works in agriculture, which is the foundation of the Indian economy.
  • Navigation: It has been a practice for centuries to connect with distant places by navigating through bodies of water. Water travel is considered a reasonably priced mode of transport.
  • Development of Tourism: Tourism is vital to the economy of any country, and arid regions require interconnected water sources for tourism. Water is vital to human survival, and tourism and recreation outweigh the economic benefits of lakes and rivers.
  • Hydropower Generation: It is used to convert mechanical energy into electrical power. Mechanical energy is created from running water and is considered a reasonably priced and sustainable energy source.

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