ANALYZING HOW ADDICTION HAS IMPACTED THE ECONOMY OF INDIA IN THE LAST 10 YEARS

Abstract

This research paper examines the profound impact of addiction on the economy of India over the past decade. Addiction, in the form of substance abuse and behavioral addictions, has become a significant societal challenge with far-reaching consequences. The study aims to analyze the economic implications of addiction in India, taking into account its effect on healthcare costs, productivity, employment, crime rates, and social welfare expenditures. By employing a comprehensive review of existing literature, statistical data, and case studies, the research assesses the direct and indirect costs associated with addiction and provides insights into its macroeconomic ramifications. The findings highlight the alarming economic burden posed by addiction, emphasizing the need for effective prevention, intervention, and rehabilitation strategies. Understanding the economic dimensions of addiction can inform policymakers, healthcare professionals, and stakeholders in devising evidence-based policies and interventions to mitigate the adverse effects of addiction on the Indian economy and promote overall societal well-being. There is a need for more study because the evidence from Internet-based therapies, governmental efforts, and incentives is inconsistent. With the help of standardized intervention and outcome measurements, future research should concentrate on assessing the efficacy of certain intervention components. Adolescent drug addiction outcomes may be improved by a number of delivery methods, including digital platforms and legislative initiatives; however, they need more study.