Pollution killed 2.51 million people in India in 2015; highest in world

Agencies
October 21, 2017

New Delhi, Oct 21: A scientific study published in the Lancet journal has revealed that India recorded maximum number of deaths due to water and air pollution in 2015. The Lancet Commission on Pollution and Health has spent two years to study the issue.

Most of these deaths are due to non-communicable diseases caused by pollution such as heart disease, stroke, lung cancer and chronic obstructive pulmonary disease (COPD), researchers said.

According to the study, air pollution is the biggest contributor, linked to 6.5 million deaths in 2015 in the world while water pollution (1.8 million deaths) and workplace- related pollution (0.8 million deaths) pose the next largest risks.

Researchers, including those from Indian Institute of Technology (IIT) in New Delhi and Icahn School of Medicine in the US, pointed out that almost 92 per cent pollution-related deaths occur in low- and middle-income countries.

In rapidly industrialising countries such as India, Pakistan, China, Bangladesh, Madagascar and Kenya while deaths due to pollution can account for up to one in four deaths.

"In 2015, the greatest numbers of deaths due to pollution occurred in India (2.5 million deaths) and China (1.8 million)," the study said.

Welfare losses due to pollution are estimated to cost more than USD 4.6 trillion each year, equivalent to 6.2 per cent of global economic output, it said.

Pollution is linked to an estimated nine million deaths each year worldwide equivalent to one in six (16 per cent) of all deaths.

The report found that pollution as a result of outdoor and indoor air pollution, water and soil contamination, and chemical pollutants is one of the largest risk factors for premature death.

Pollution disproportionately affecting the poor and marginalised in every country worldwide, researchers said.

Workplace pollution, including exposure to toxins and carcinogens, was linked to 0.8 million deaths from diseases such as such pneumoconiosis in coal workers, bladder cancer in dye workers, and asbestosis, lung cancer, mesothelioma, and other cancers in workers exposed to asbestos.

The study also pointed out that lead pollution was linked to 0.5 million deaths that resulted from high blood pressure, renal failure, and cardiovascular disease caused by lead in adults.

Types of pollution associated with industrial development, such as ambient air pollution (including ozone), chemical, occupational pollution and soil pollution, have increased from 4.3 million (9.2 per cent) in 1990 to 5.5 million (10.2 per cent) in 2015 as countries reach higher levels of development.

Numbers portend grim future for Indians

In 2016, India overtook China in terms of the number of deaths due to ambient (outdoor) air pollution, with the country witnessing 50 deaths more than China reported per day in 2015, an agency report citing the Global Burden of Disease project said. (Read more here)

According to the November 2016 news report, data showed that in 2015, India witnessed 3,280 premature deaths (fatalities due to Ozone concentration and particulate matter concentration) per day, whereas China had recorded 3,230.

In 2010, the number of premature deaths in India was at 2,863, whereas in China it was at 3,190. Similarly, in 2005 India was at 2,654 and China at 3,332.

While premature deaths have increased by 23 per cent in India over the last decade, China has reversed the trend and recorded a decline of three per cent.

The Global Burden of Disease (GBD) project was compiled by the Institute for Health Metrics and Evaluation at the University of Washington in Seattle.

According to the study, the rate of premature deaths in India has been increasing at an alarming rate, and from 2,140 deaths per day in 1990, it has reached to 3,280 in 2015.

This is a nearly 53 per cent increase in premature deaths in the past 25 years, a much sharper increase than in China, which has seen a 16 per cent increase over the corresponding period as it managed to reverse the trend 2005 onwards.

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coastaldigest.com news network
July 23,2020

Udupi, July 23: A 70-year-old woman, who had tested positive for coronavirus, passed away last night in Udupi taking the district’s covid-19 death toll to 12.

The deceased was a resident of Chantharu in Brahmavar. She was an asthma patient. For past few days, she was suffering from cold and fever. 

Her throat swabs were sent for testing and the report came positive last evening. She breathed her last at home even before being shifted to hospital. 

The woman has two daughters and both of them are married. Due to the fear of virus, none of her relatives were ready to touch her body.

Meanwhile, Dr Premananda K of district health department reportedly sought help of the activists of Popular Front of India (PFI). 

Under the supervision of PFI’s medical wing in-charge Muneer Kalmadi, the body was shifted to the district hospital with all necessary precautionary measures.

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News Network
February 14,2020

Mangaluru, Feb 14: In a unique initiative, students of a government school in Dakshina Kannada have made a food stop in the campus to provide water and food to birds and squirrels.

The students have hung coconut shells on trees in the school premises with food and water in it for birds and squirrels.

Speaking about the same, the Principal of the school said: "Students are taking a lot of interest in the activity. Various types of birds visit the school campus, making the ambience very nice."

He added that he wants children to become socially and environmentally conscious. "The one area where children need to be given exposure is the protection of the environment, the upkeep of the campus and the greenery in and around their homes as well as in their schools."

Commenting on the recent initiative of the school's eco-club, he said, "Using this small idea, we can have a great beginning towards taking up bigger initiatives to take care of the environment."

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News Network
February 19,2020

Feb 19: Bavaguthu Raghuram Shetty was once a typical billionaire with a taste for the high-life.

He splurged on a private jet, vintage cars and two entire floors of the Burj Khalifa, the world’s tallest skyscraper. His website shows him hobnobbing with politicians, Bill Gates and Bollywood royalty.

“The thrill of speed and freedom makes me love cars,” Shetty, 77, told local reporters last year.

Shetty had more than enough money -- at least on paper -- to afford such a lifestyle from companies he helped found, including hospital operator NMC Health Plc and financial services firm Finablr Plc. On Dec. 10, his stakes in the public companies were valued at $2.4 billion, making up the bulk of a fortune spanning education, hospitality and one of the world’s oldest tea companies.

Then, a week later, Carson Block came along.

Block’s investment firm, Muddy Waters, issued a report criticizing NMC’s accounts and disclosing a short position. Since then, Muddy Waters’s scrutiny has snowballed into a troubling scenario for Shetty that sheds light on his complex share arrangements and casts doubts about his net worth. His holdings in Finablr and NMC are worth $885 million, but Shetty’s fortune may now be just a fraction of that, depending on the size of his borrowings.

Filings this month show that Shetty pledged a quarter of his NMC stake against loans with First Abu Dhabi Bank and Zurich-based Falcon Private Bank. Two other shareholders may own half of his reported stake. Another lender -- Al Salam Bank Bahrain -- has already sold some of those shares to enforce security over a loan for Shetty, and NMC said Tuesday that First Abu Dhabi Bank sold another chunk earlier this month.

The situation “seems to have gone beyond some of the issues that Muddy Waters focused on initially,“ said Gavin Launder, a fund manager at Legal & General Investment Management, who owned shares in NMC until October. “The increased scrutiny has unearthed other issues.”

Law firm Herbert Smith Freehills has launched a review of Shetty’s holdings at his request, a spokesperson for the Indian-born businessman said, declining to comment further until the analysis is completed. Shetty resigned Sunday as NMC’s chairman.

In its Dec. 17 report on NMC, Muddy Waters hinted at potential overpayment for assets, inflated cash balances and understated debt. Shares of the United Arab Emirates’ biggest private health-care provider have since plunged 67%, and the firm is now the focus of takeover speculation. The sell-off also spread to Finablr, whose stock has tumbled 64% in that span.

NMC has disputed Muddy Waters’s claims, and the company hired former FBI Director Louis Freeh to conduct an independent review of the short seller’s allegations. Meanwhile, local regulators “are making inquiries with the relevant parties,” a spokesperson for the U.K.’s Financial Conduct Authority said.

Shetty is hardly the only ultra-wealthy person to leverage his assets. Elon Musk has used his shares in Tesla Inc. to obtain personal loans, while Oracle Corp. Chairman Larry Ellison has put up millions of the company’s shares to fund a lavish lifestyle that includes trophy properties, America’s Cup teams and the Indian Wells tennis facility in California.

But such deals can also sour, as demonstrated by Shetty’s lenders selling shares his investment firm pledged. He and his advisers are investigating details of the sales as part of their legal review, according to filings.

To complicate matters, Shetty pledged another batch of NMC stock in 2018 as part of a so-called equity collar arrangement with Goldman Sachs Group Inc. that uses options to limit the impact from share moves. Last month, he also pledged most of his stake in Finablr to refinance a loan from the company’s takeover of foreign-exchange firm Travelex for about $1.2 billion.

BRS Ventures Investment, the UAE-based holding company for most of Shetty’s assets, doesn’t report consolidated financials, preventing a complete analysis of his net worth. His other assets include a catering company, a waste-management firm and pharmaceutical business Neopharma, which four months ago was in the early stages of planning for an initial public offering.

Block, 43, earned his reputation as a short seller a decade ago through targeting U.S.-listed Chinese companies that he claimed were frauds. More recently, his San Francisco-based firm focused on British litigation-finance firm Burford Capital Ltd. and Japanese biotech stock PeptiDream Inc. Short sellers seek to benefit from a decline in a company’s share price.

Shetty founded NMC in 1975 after moving to Abu Dhabi from his native India. He created Finablr two years ago to consolidate his financial brands before listing it on the London Stock Exchange in 2019.

Block said he didn’t anticipate NMC’s shareholding drama.

“I wouldn’t have been able to predict that we’d get these bizarre disclosures about unclear share ownership coming out of the company,” he said in a Feb. 13 phone interview. “This has been obviously a more dramatic unraveling than we usually see.”

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