Pawan Kumar Sachdeva
Pawan Kumar Sachdeva
Electricity bill tax component often greater than total water bill!
Posted on 28 Mar, 2016 11:24 AMWater is more useful in terms of survival than diamonds. So why then does the latter, which is mostly for ornamental purposes, command a higher price in the market? This contradiction is termed the diamond-water paradox or the paradox of value.
![Water must be priced based on its value (Source:India Water Portal)](/sites/default/files/styles/featured_articles/public/iwp/9427151144_615295017c_z.jpg?itok=iTtHdZ7P)