No economic activity can take place without water whether it is primary secondary or tertiary sector. Physical and economic water shortage are both possible causes of water scarcity. Physical water shortage occurs when natural water supplies are insufficient to fulfil a region's demand, whereas economic water scarcity occurs when water resources are mismanaged. In this study we are mainly going to focus on the economic water scarcity. For this, Water Footprints indicator is used to study the exhaustion of water by its usage. Secondary data have been used to understand the crisis of water and how water governance body is working to manage this issue. Findings of the paper suggest major initiatives being taken up by Central Water Commission and Central Ground Water Board for better management of water.

KEYWORDS: Water Management, Water Footprints Indicators, Water Usage, Water Governance.