The Great Climate Change Impact on India’s Economy
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Climate change has
an effect on a lot of sectors including agriculture, health, infrastructure, and energy.
If no action is taken, it could slow down India's growth and economy
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It could lead to increase of poverty, increased inequality
Fiscal implications, GDP loss, reduced foreign investments are some other effects
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Proactive actions include renewable energy use, energy efficiency improvements
Green infrastructure, green economy, international cooperation are some other actions.
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Policy recommendations include carbon pricing, giving subsidies, investing in resilient infrastructure etc.
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