3 min read.Updated: 09 Sep 2016, 03:22 AM ISTDipti Jain
A World Bank study shows that welfare costs and lost labour income due to air pollution amounted to 8.5% of India's GDP in 2013
New Delhi: Measures to safeguard the environment are often considered to be economic spoilers as they entail putting restrictions on economic activity such as shutting a polluting factory or scrapping old vehicles. What is not taken into account while making these calculations is the cost imposed on people living in regions where pollution and environmental degradation is higher.
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