In the context of the initiative Blueprint for Water Accounting in India, anchored with the Ministry of Water Resources, River Development and Ganga Rejuvenation (MOWR), and supported by 2030 Water Resources Group (2030WRG) and the India-EU Water Partnership (IEWP), the Task Force on cost recovery was asked to develop an initial concept note on cost recovery principles and financing elements across sectors, in coordination with NIPFP and OECD.

The current concept proposes a phase-wise approach on the topic, starting with a focus on blended finance through an assessment of existing public-sector spending on water resources management, along with recommendations on how additional sources of finance can be leveraged.