Economy India lost 4% of GDP from power distortions in 2016, says World Bank Updated : December 20, 2018 06:18 AM IST It estimates the downstream impact of power shortages on rural households and firms at 1.42 percent of the Gross Domestic Product (GDP) per year and the second largest economic cost for the country. It said the government should look to ensure steady power supply to households for its electrification programme to be truly successful. Subscribe to Moneycontrol PRO at just Rs.33/- per month for the first year. Use code SUPERPRO. Limited period offer. Available on Web and Android.