Heat can put brakes on India's fast-growing economy. Severe heat may affect our great country's GDP. Analysts' hint takes us in that disappointing direction.
They are surely in discussions with the news that hot summer reportedly causes intense damage to our more or less sturdy economy.
Today, the analysts were actively seen with a deep debate to find out some positive ways rather than actions to walk away on good gains.
About 50% of our GDP is already dependent upon heat-exposed work. Some sectors like mining, agriculture, construction and, to a considerable extent, manufacturing remain under close study.
Externally exposed sectors account for about 50% of the country's GDP & 75% of the workforce. So, by the year 2030 (in a high-emissions scenario) about 2.5-4.5% of India's gross domestic product could be at risk from persistent variations in heat and humidity levels.
This obviously includes agriculture, mining, construction transportation, etc., and could reportedly impact $150-250 billion of our GDP.
By 2030, India may account for 34 million of the projected 80 million global job losses from heat stress-associated productivity decline reportedly.
India may have to prepare cold shelters for the public during the heat wave.
The construction work may have to be done in the evening. There is a growing necessity to increase the number of trees.
These will not require the mobilization of people on a large scale, so think analysts.
The silver lining remains that since there is still so much construction going on in India, there is an opportunity to reduce climate risks in planning and design.
.
Comments
Post a Comment