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India must calculate “its green GDP” to take into account the value of the environment in its growth A few years ago, India suffered a cost of $ 550 billion, or about 8.5% of GDP, due to air pollution, according to a World Bank report; the cost of externalities such as water pollution and land …

Pollution is a challenge for developing countries trying to achieve rapid economic development without proper management of the environment. In recent years, the pollution load has increased, sometimes beyond the carrying capacity of the environment. Although various measures have been adopted to manage the pollution, significant progress has not been made. The Kuznets environmental curve …