Air pollution costs India $95 billion yearly, warns industry body

India's oldest industry body has released a stark assessment of the financial damage caused by air pollution, estimating annual costs of $95 billion to the nation's economy. The figure encompasses losses from reduced productivity, healthcare expenditures, and environmental degradation, underscoring the scale of the challenge facing the country.

The federation's report signals that deteriorating air quality has become a critical economic issue requiring urgent intervention. With pollution levels persistently exceeding safe thresholds in major population centers, the cumulative impact on public health and industrial output has reached levels that can no longer be overlooked by policymakers.

The findings point to the need for comprehensive action spanning multiple sectors and governance levels. Experts suggest that addressing air pollution through stricter emissions standards, vehicle regulations, industrial controls, and public health measures could yield significant economic benefits while improving quality of life across the country.

The report's release comes amid growing recognition that air pollution represents both a public health emergency and a substantial drain on India's economic resources. As the country continues to pursue rapid development, balancing growth with environmental protection has become increasingly crucial for long-term prosperity.