Economic cost of pollution
It could affect productivity and long-term growth
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New Delhi's India Gate monument stands shrouded in smog in 2019. (Bloomberg)
India is incurring a staggering annual economic loss of around $37 billion, or nearly 1.4 per cent of its gross domestic product, due to its failure to restrain air pollution. Worse still, about 1.67 million lives are lost every year due to causes attributable directly or tacitly to contaminated air. This death tally is the highest in the world and exceeds the loss of life due to Covid-19. Such massive economic, health, and, hence, productivity deprivation could mar India’s aspiration for rapid economic growth. The report of the study published in The Lancet, the health journal, which makes these startling revelations, also projects a dismal future for the children and next generations if air pollution remains unaddressed or under-addressed. They would face a high risk of heart diseases, diabetes, and respiratory ailments on growing up. Even their intelligence quotient might be adversely affected. Yet, the combat against air pollution is not receiving the priority it merits.