Chennai: The air pollution in Delhi has led to an estimated loss of 20 per cent to the trade, finds a trader’s body.
Rising pollution levels are deterring consumers from venturing out, especially in crowded markets, leading to a significant decline in footfall. Measures like odd-even schemes and curbs on vehicular movement reduce accessibility to commercial areas, directly affecting businesses. Restrictions on diesel vehicles, including trucks, disrupt supply chains, delaying the transportation of goods to markets and increasing logistical costs, according to the Confederation of All India Traders.
Small and medium enterprises in the key commercial areas are experiencing sharp revenue declines due to reduced customer visits and supply chain issues. Festival and wedding sales also are facing heavy losses as pollution curbs often coincide with peak sales periods. Businesses incur additional costs for air purifiers, masks, and other measures to ensure safer environments for employees and customers.
Health problems caused by pollution have resulted in reduced workforce efficiency and absenteeism, further affecting productivity. Migrant labourers, who form a significant part of Delhi’s workforce, too leave the city due to deteriorating living conditions, it said.
According to a recent report by Asian Development Bank, India will witness a 24.7 per cent loss of GDP due to climate change by 2070.
