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Air Pollution Costs Indian Businesses 95 Billion Dollars Every Year, Says Study – NDTV

If Delhi fails to clean its toxic air, the IT sector could lose more than $2.5 every year, study warned

New Delhi:

Air pollution costs Indian businesses $95 billion every year, or 3% of the country’s Gross Domestic Product, and cuts annual consumer spending by $22 billion, according to a study released on Thursday.

Every year, higher pollution levels shave off $1.3 billion from IT sector in lost productivity, said the study by industry group CII; Clean Air Fund, a charity; and consulting firm Dalberg.

If Delhi fails to clean its toxic air, the booming IT sector could lose more than $2.5 every year, the study warned.

Delhi is the world’s most polluted capital, and India is home to 35 of the world’s 50 most polluted cities.

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)