Viksit Bharat 2047 under threat? World Bank says extreme heat costs South Asia 31 million jobs every year
The World Bank reported that extreme heat could cost South Asia 31 million jobs annually and shrink the region's economy by 7% by 2050 without urgent adaptation measures. This poses a significant threat to India's Viksit Bharat 2047 initiative, which aims for developed nation status through manufacturing and urban expansion. The report emphasizes that rising temperatures jeopardize employment, productivity, and long-term economic growth in South Asia's cities.