Rising Temperature

Photo : Bloomberg

India's GDP Risks $200 Billion By 2030 Due To Rising Temperature

A report by McKinsey Global Institute on November 25 indicated that India can lose $200 billion from its GDP by the next decade due to rising temperature. The report said that increase in temperature could result in loss of working hours and decline in agricultural produce, cumulatively hurting the country's economy. It stated that India needs to shift working hours and undertake heat management efforts to counter this risk.

Thu, 26 Nov 2020 - 03:27 PM / by Richa Nigam

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