According to a study, <\/span>an increase in the number of rainy days leads to a downfall in economic output.\u00a0<\/span><\/p>\n The study was conducted to look <\/span>at how rainfall patterns hurt the economy. The group compared daily rainfall data with subnational economic output from 77 countries between 1979 and 2019.<\/span><\/p>\n An increase in the number of days with rainfall exceeding one millimeter led to a substantial decline in growth rates. A rise in extreme rainfall days contributed further to this loss.<\/span><\/p>\n Impact of Extreme Rainfall:<\/b> The study suggests that increasing wet days and extreme rainfall will likely hit prosperous countries harder. This is because these countries rely more on the manufacturing and services sectors.<\/span><\/p>\n In India, the agriculture sector is the most impacted. This is because of the quantum of the people involved and the economic share that agriculture provides.<\/span><\/p>\n However, this can be overcome by altering sowing dates, investing in irrigation and availing insurance in addition to changing crop varieties.<\/span><\/p>\n Moreover, the study also offers important lessons for India as the country aims to become a manufacturing hub. The country\u2019s manufacturing sector is heavily dependent on supply chains, and supply chains are heavily disrupted during extreme weather events.<\/span><\/p>\n Note:<\/b> Manufacturing Sector currently contributes roughly 17% to GDP. Its share in employment was 7.3% in 2020-2021.<\/span><\/p>\n Source: <\/b>This post is based on the article \u2018Rainfall changes could impact global manufacturing, services sectors\u2019 <\/b>published in Down To Earth <\/b>on 22nd January 2022.<\/b><\/p>\n","protected":false},"excerpt":{"rendered":" What is the News? According to a study, an increase in the number of rainy days leads to a downfall in economic output.\u00a0 What is the study about? The study was conducted to look at how rainfall patterns hurt the economy. The group compared daily rainfall data with subnational economic output from 77 countries between… Continue reading Rainfall changes could impact global manufacturing, services sectors<\/span><\/a><\/p>\n","protected":false},"author":10317,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"footnotes":""},"categories":[1566,7965,9],"tags":[10504,10514],"class_list":["post-163926","post","type-post","status-publish","format-standard","hentry","category-daily-factly-articles","category-miscellaneous-daily-factly-articles","category-public","tag-down-to-earth","tag-dte","entry"],"jetpack_featured_media_url":"","views":{"total":0,"cached_at":"","cached_date":1704772136},"jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/163926","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/users\/10317"}],"replies":[{"embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/comments?post=163926"}],"version-history":[{"count":0,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/posts\/163926\/revisions"}],"wp:attachment":[{"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/media?parent=163926"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/categories?post=163926"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/forumias.com\/blog\/wp-json\/wp\/v2\/tags?post=163926"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}What is the study about?<\/b><\/h5>\n
What are the key findings of the study?<\/b><\/h5>\n
How will India be impacted if extreme rainfall happens?<\/b><\/h5>\n