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PM Modi's adviser says India economy can withstand heat wave impact

Even if heat waves strike again and crops get affected, overall growth should not suffer, according to Poonam Gupta, head of the National Council of Applied Economic Research

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Photo: Bloomberg

Bloomberg
By Adrija Chatterjee

As concerns mount over soaring temperatures in India and the impact on growth, a key adviser to Prime Minister Narendra Modi says the economy can withstand any potential weather shock.
 
The nation’s weather bureau predicted hotter temperatures over the coming months, stoking worries about a repeat of the devastating heat last year that damaged crops, raised food inflation and promptedrthe government to restrict exports of wheat, rice and sugar. 

Even if heat waves strike again and crops get affected, overall growth should not suffer, according to Poonam Gupta, head of the National Council of Applied Economic Research.

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First Published: Mar 17 2023 | 6:32 PM IST

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