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Cost of living crisis, digital inequality among risks for India: WEF

World faces unsustainable levels of debt, era of low growth, de-globalization: Report

A man passes a logo during the annual meeting of the World Economic Forum (WEF) in Davos, Switzerland
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Geopolitical rivalries and inward-looking stances will heighten economic constraints and further exacerbate both short- and long-term risks

Arup Roychoudhury New Delhi
A cost of living crisis, digital inequality, geopolitical contest for resources, natural disasters and extreme weather events are the biggest risks for India over the short and medium term, said a World Economic Forum report on Wednesday.
 
Globally, over the short-term (2 years), the biggest risks are the cost of living crisis, natural disasters and extreme weather events, geoeconomic confrontation, failure to mitigate climate change and large-scale environmental damage incidents, among others, the report stated. Over a long term (10 years), the biggest risks include failures to mitigate climate change and climate change adaptation, biodiversity loss, large scale involuntary

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