It is a controversial question to learn whether the emerging war with Pakistan and China poses a greater threat to India or the changing climate. No one can answer what future they hold for India.
We might not be familiar with what future holds but we do understand that currently global warming is causing loss to Indian environment. The reality can be seen in melting glaciers, disintegrating polar ice, thawing permafrost, changing monsoon patterns, rising sea levels, changing ecosystems and fatal heat waves.
Scientists are not the only ones talking about these changes. From Kashmir to Kanyakumari, every part of India is struggling with the impact of climate change.
But this is just the beginning. We need to act to avoid catastrophic climate change. While not all regional effects are known yet, here are some likely future effects if we allow current trends to continue.
Impact on Indian economy:
- Late or Early monsoon affect the agriculture. And if agriculture affected whole Indian economy is affected. It is the major demand generating sector. So, Low production will lead to shortage of food, inflation in food, change in interest rates, low sells of items like TV, mobiles, car, bike and so on because of people need food now, not luxury. So, every sector will be affected, hence they will also lower their production. It may also start job cut.
- Floods (because of manmade reasons, urbanization etc. affect the climate) can lead to destruction of roads, railways and many other infrastructures. Its renovation prices are in billions. So, direct impact on GDP and account from any natural hazard. And life loss is also there. It also leads to short term inflation because of shortage of food. Climate change can cause a decline of 9% of India’s GDP.
- Heat Wave or extreme rain may lead to stopping the daily production in factories and holidays in companies. Direct impact on production.
- Due to climate change, many tourism places are also affected.
- More usage of fertilizer and all that because of decreasing fertility of soil.
Never before has humanity been forced to grapple with such an immense environmental crisis. If we do not take urgent and immediate action to stop global warming, the damage could become irreversible.