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India Could Save Rs 33,500 Crore By Eliminating Child Marriage

Will economic benefits of eliminating child marriage push the government into ending the horrifying practice?

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Over the next seven years, India could save $5 billion (Rs 33,500 crore) in healthcare and related costs if it eliminates child marriage and early childbirth, according to a new report by the World Bank and International Center for Research on Women (ICRW), a global research institute.

For perspective, this is equivalent to the country’s 2017-18 higher education budget of Rs 33,329 crore.

Globally, $17 billion (Rs 1.14 lakh crore) could be saved across 18 countries by 2030 – of which India accounts for $10 billion (62 percent) due to its large population, said the report.

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