Is privatization of water: the prime natural resource, is the only way to improve it's utilization and improve Governance. Published July 23, 2014 06:58 by Govind Bharad, Retired from Agriculture University (May 1999) after serving as Asstt. Professor to Vice Chancellor, for period of 35 years. - Consultancy Is privatization of water: the prime natural resource, is the only way to improve it's utilization and improve Governance.