Soon after the partition of the subcontinent in 1947, India took initiative to construct a barrage on its side of the Ganges and commissioned it in 1975. In the past few decades, many of the 54 Bangladeshi Rivers that originate in India have either been diverted or dammed upstream, inside India. All of these hydro-developmental initiatives have left a profound impact on Bangladesh as it is at the receiving end of the Himalayan fluvial regime. In particular, Bangladesh’s agriculture, fisheries, and human health and wellbeing are reported to have been significantly affected by the disruption of natural water flow in its rivers. The debate over the water sharing issues between India and Bangladesh dates back as early as their birth but the historical developments of the disputes have never been adequately addressed in settling the issues. This paper analyzes the political developments in Bangladesh and India over Farakka issue from historical perspectives. It also reveals the adverse effects of Farakka Barrage on environment in Bangladesh. The aim is to provide policy makers with the insights into historical developments of disputes centred on Farakka Barrage to contribute towards better water governance.