News India loses $9.8 billion every year due to disasters

[Deepu]

India loses USD 9.8 billion every year due to multi-hazard disasters as its 58.6 per cent land is prone to earthquake and 8.5 per cent area is vulnerable to cyclone.

As per the United Nations Office for Disaster Risk Reduction's (UNISDR) Global Assessment Report on Disaster Risk Reduction (GAR) 2015, risk profile of India estimates that Average Annual Loss (AAL) from multi-hazard disasters in India is approximately $9.8 billion per year, according to a Home Ministry note.

Of this, the AAL from floods is $7.4 billion every year. These figures are not an analysis of the impact of past floods in the country and are not vetted by the government.

India loses $9.8 billion every year due to disasters - IBNLive

 

[IndianMascot]

Wah. UN is releasing such reports immediately after the recent earthquakes in India and Nepal.

 

[Sanjeev]

What about other countries

 

[IndianMascot]

I am sure it would be much much higher than India.

 

[Sanjeev]

At the top it will be USA

 

[Teufel]

Japan loses much resources in natural disaster than any country. But they also build themselves back faster than any country. Japan is the land of rising sun indeed. India should learn from east and not from west. Even Swami Vivekanand said about Japan, and wished that people of his country should do the same as the Japanese do for their country.

 

[DashMajor]

Unfortunately we lured on West then East because of Western Glamorous Lifestyle.