Connect with us


Climate Change a Big Threat to Indian Economy: World Bank



Climate change in India is intensifying to alarming levels. The World Bank has stated that climate change is one of the major threats which may slow-down the Indian economy. The World Bank has published a report which puts the Indian economy under threat. The report is titled, ‘South Asia’s Hotspots: The Impact of Temperature and Precipitation Changes on Living Standards.’ This report forecasts a fall of 2.8% in the country’s GDP by 2050. 
The report also envisages that more than half of the Indian population will see a decline in their living standards due to temperature and precipitation changes in India. Rising temperatures and transforming rainfall patterns are India’s major concern. Climate change in India as per the World Bank will depress health standards and lead to fall in the agricultural yield in India henceforth depressing the GDP of India.

What are the most vulnerable regions in India?

The report by World Bank identifies central India, Northern India and North-Western India as the most vulnerable regions to be hit by climate change in India. The report further states that Madhya Pradesh and Chattisgarh will witness a 9% fall in the living standards of its people. The areas which could turn into severe and moderate hotspots of climate change have a population of 600 million. All of this can accumulate to increasing inequality and poverty. The report hints at decreased per capita incomes hence leading to a further divide between the rich and the poor and escalating poverty.

So, to conclude, India is on the brink over a major economic crisis born out of climate change in India. Climate change is not just restricted to India but a problem that the entire world is facing and needs to address. India needs to prioritise its precedent against climate change. This report of the World Bank shall make India realise some harsh facts and implications of climate change in India.




Asia Pacific2 hours ago

Chinese J-11 Fighter Jets Conducts Large-Scale War Drills Near Indian Border – WATCH

China’s People’s Liberation Army (PLA) has conducted a series of extensive exercises with warplanes around a Western Theater Command Air...

Featured5 hours ago

Four Time Faster Than US’ Tomahawks, Why Indian BrahMos Missiles Pose A Grave Risk To China?

The Indian Navy on Tuesday successfully test-fired the anti-ship version of the supersonic cruise missile, BrahMos from stealth destroyer INS...

Asia Pacific6 hours ago

India Falls Back On European Fighter Jets To Counter Rising Menace Of Chinese Swarm Drones

To counter Chinese air defenses in Ladakh and other bordering areas, India has decided to fast-track its swarm drone system,...

Americas16 hours ago

Bad News For F-35 Jets; Russia Set To Unveil ‘Stealth-Killer’ S-500 Missile Systems Next Year

US military experts would be watching anxiously as Russia is all set to enhance its most advanced S-400 missile system...

iranian-scientist iranian-scientist
Featured18 hours ago

Was Israeli Mossad Inspired By Hollywood Movie ‘The Jackal’ To Eliminate Top Iranian Nuclear Scientist? WATCH

Iran claims Israel used a remote-controlled weapon to kill the country’s top nuclear scientist, Mohsen Fakhrizadeh, on Friday. Another Assassination:...

Imran-Khan Imran-Khan
Featured18 hours ago

Pakistan PM Imran Khan Thanks China For Its Unwavering Stand On Kashmir Issue

Pakistan PM Imran Khan thanked the country’s strategic ally China for its “consistent” and “principled” stand on the longstanding Kashmir...

F-16 F-16
Americas18 hours ago

Canadian Firm To Buy Huge Number Of F-16 Fighter Jets From Israel; Could Exceed The Fleet Strength Of RCAF

The Israeli F-16 fighter jets are the A/B variant and were inducted into the Israel Air Force in the 1980s,...

Pakistan-FDI-china Pakistan-FDI-china
Featured21 hours ago

China, Pakistan Sign New Defense Deal Amid Rising Tensions With Common Foe – India

Amid ongoing tensions with India, China and Pakistan have signed a new military deal aimed to boost military cooperation among...

F18-India-Deal F18-India-Deal
Americas23 hours ago

F-18 Super Hornets To Be Equipped With Hypersonic Missiles With A Striking Range Of Whopping 1600 Km

Australia will be testing a new air-launched hypersonic missile as part of the joint U.S-Australian program under the Southern Cross...

Europe1 day ago

The UK Awards A Whopping $3.2B Contract T BAE Systems To Develop Next-Gen Munitions

BAE Systems, a British multinational defense, security, and aerospace company, has landed a £2.4bn ($3.2 billion) contract for the supply...