Homophobia Costs India An Estimated $31 Billion Annually — Should Development In

[DriftingCrow]

http://www.buzzfeed.com/lesterfeder/homophobia-costs-india-an-estimated-31-billion-annually-shou
BuzzFeed, J. Lester Feder

Homophobia has an annual cost to India of $31 billion or more, according to a draft report presented Wednesday at a forum at the World Bank's headquarters in Washington, D.C.

Badgett factored in several ways that homophobia costs a society. The most visible may be increased health costs[. . .,] contribute to a greater burden of depression and other mental illness, [and] keeps LGBT people from working or forces them into lower-paying jobs, the economy loses the full value of their labor.