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"Climate Change A Downside Risk To Indian Economy": Gita Gopinath To NDTV

"Climate Change A Downside Risk To Indian Economy": Gita Gopinath To NDTV

NDTV
Saturday, August 17, 2024 09:51:08 AM UTC

India is seeing volatility in rainfall that may impact rural incomes, pointed out Ms Gopinath while speaking to NDTV.

Gita Gopinath of the International Monetary Fund (IMF) has flagged a downside risk of climate change to the Indian economic outlook and called for "a lot of action" on this front. In an interview to NDTV, Ms Gopinath noted how climate change is hurting growth and spoke on job creation in the country.

"In terms of the risks to the outlook for India - one of the downside risks is climate related. We are seeing that in terms of volatility in rainfall, predicting that rainfall and implications for harvest and rural incomes," she said.

The top economist also pointed out that the temperature rise in Asia has been higher than the world average.

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