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Context: Air pollution costs Indian business about $95 billion – or Rs 7 lakh crore – every fiscal year, a major report has found. This figure is around 3% of India’s total GDP. The cost is equal to 50% of all tax collected annually, or 150% of India’s healthcare budget.
Business cost of Air pollution long form report highlights
The report’s authors identify six ways in which this cost manifests
Of these, employee productivity, consumer footfall and premature mortality impact businesses directly.
Twenty-one of the world’s 30 cities with the worst air pollution are in India.
Around 98% of the cost of lost labor productivity is borne by people in India’s north and east — where air quality index (AQI) levels also frequently cross 300.
13% of flights in India in 2019 were delayed, affecting shipping and cargo handling.
By: Shubham Tiwari ProfileResourcesReport error
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