Air Pollution Costs India Rs 7 Lakh Crore a Year: Report
28/04/2021
A policewoman wears a mask to protect herself from air pollution, in New Delhi, November 4, 2019. Photo: Reuters/Danish Siddiqui
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.
The findings in the report, undertaken by Dalberg Advisors in partnership with Clean Air Fund and the Confederation of Indian Industry (CII), add urgency to tackling air pollution by stressing that this affliction imposes both heavy economic and heavy health costs.