Water is a basic necessity for all. Nobody can live without water. Hence, universal access to safe drinking water is necessary for quality of life. Many water borne diseases can be prevented by providing safe drinking water to people. This also helps in bringing down the child mortality rate.
In view of this, water needs to be supplied either free of charge or at a charge that is affordable by everyone. Private companies operate with the main goal of earning maximum profit. Hence, a private company cannot be in a position to supply water at a rate which is affordable to all people. Due to this, there are very few cases of private water supply in the world.
