Corrosion-tackling measures could boost India’s GDP by 1.5 pc

IANS | August 3, 2026 4:25 PM

New Delhi, Aug 3 (IANS) India loses an estimated 4.3 per cent of GDP each year to corrosion — around Rs 14.1 trillion — and adopting stronger corrosion‑management practices could improve GDP by around 1.5 per cent, or Rs 5 trillion, a report said on Monday.

Free utility services come at a hidden cost: CEA Nageswaran

IANS | August 3, 2026 4:08 PM

New Delhi, Aug 3 (IANS) Chief Economic Advisor (CEA) V Anantha Nageswaran on Monday cautioned against the growing reliance on 'free services' in public policy, arguing that below-cost pricing of utilities and infrastructure ultimately weakens economic balance sheets and undermines long-term development.