I know it sounds funny but as you will read this article you will understand. This article explains how heatwaves are destroying our GDP and future.
India is 5th largest economy. Still there is one thing which affect our GDP a lot every year – Heat. Its impact is seen on 22 crore people in India. This year February was the hottest February since 100 years. Although February is month of spring and winter.
What is Heatwave?
Heatwave is a period of very hot weather which might be accompanied by high humidity. As per Indian metrological department heatwave is declared when plain area’s temperature is 5 degrees more than the main temperature or the temperature crosses 40 degree. It is not a season; it is denoted on day to day whether. In India these heatwaves are now become common and even lethal. Because of these heatwaves and rising temperature, the productivity becomes less.
In India still 75% people do labor work in this extreme temperature. Which constitutes 1/3rd of our GDP. Because of heatwaves our productivity can decrease up to 5-6%. This affects 4.5% of our GDP. If we will save this money, we can use this money in education which will double the budget of the education and increase more productivity in India. The heatwaves affect many sectors like agricultural, construction, pharmaceuticals, power generation etc. Heatwaves also cause inflation.
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