Floods cost India 1.5 billion rupees in 10 years


Attack on the environment: Global think tank ODI report

Had it not been for the global warming, India's GDP would have been 25 per cent higher today

New Delhi: No matter which country's government makes a budget, it must provide for the losses caused by global warming. Developing countries like India are suffering huge economic losses due to global warming. The London-based global environmental agency ODI reports that floods alone have cost India 3 3 billion (approximately Rs 220 billion) in the last decade.

The hurricane Amphan, which hit the coast of Bengal in the year 2020, affected one and a half crore people. While નુકસાન 13 billion was lost. Especially low-income families suffer huge losses during every natural calamity. Such losses ultimately affect the country’s coffers.

Had it not been for the damage India is currently suffering from global warming, India's GDP (gross domestic product) would have been 25 per cent higher than it is now. Rising temperatures, floods, rains, hurricanes, heat waves, harsh winters, snowfalls, landslides, etc., make a huge dent in the personal and national coffers.

Such disasters slow down the country's development. The report clearly warns that if greenhouse gas emissions are not reduced, India will continue to suffer huge losses in the name of the environment.

By the year 2100, the deficit will reach 90 percent of GDP. Right now we are facing a harsh summer. Summer is proving fatal for many people in India.

The heatwave killed more than 3,500 people in 2013 and 2015. Rainfall in India has been aggressive and uncontrollable since the 1950s. On the other hand, the melting of polar ice caps is increasing the surface of the Indian Ocean by an average of 3.2 millimeters per year.

In 2020, the temperature in many Indian cities, including Ahmedabad, reached 48 degrees. A few years ago this temperature was considered unimaginable. Such temperatures cannot be assumed to be present in cities except in desert areas. But now the temperature in the cities is constantly rising. The government is working on various fronts to strengthen India's economy and increase GDP.

Various projects are being undertaken for development. But this project harms the environment and that damage will plague the country for a long time. So the attempt to increase GDP will ultimately fail. The government has to keep this in mind while undertaking development projects.

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