IAS Gyan

Daily News Analysis

Air pollution Cost

21st April, 2021 Environment

GS PAPER III: Conservation, environmental pollution and degradation, environmental impact assessment.

Context: Air pollution costs Indian businesses $95 billion a year: study

Key findings of study:

  • Every year, higher pollution levels shave off $1.3 billion from India's IT sector in lost productivity, said the study by industry group CII; Clean Air Fund, a charity; and consulting firm Dalberg.
  • If New Delhi fails to clean its toxic air, the booming IT sector could lose more than $2.5 every year, the study warned.
  • Air pollution costs Indian businesses $95 billion every year, or 3% of the country's Gross Domestic Product, and cuts annual consumer spending by $22 billion.
  • New Delhi is the world's most polluted capital, and India is home to 35 of the world's 50 most polluted cities.

https://www.thehindu.com/news/national/air-pollution-costs-indian-businesses-95-billion-a-year-study/article34373336.ece?homepage=true