Precipitation (rain) is a natural process and is a part of natural water cycle. It replenishes all the natural resources of water like ponds, lakes, river and finally oceans and seas too.
When we say utilisation of rainwater, we mean that rain in a particular area.
Yes, it is not properly utilised as most of the water is run off as surface water to the rivers and goes to oceans.
We can harness/ harvest this water to local waterbodies like ponds, lakes and groundwater by proper planning as it is being done in some districts of Rajasthan successfully.