Higher Economic Development reduces the impact of flood in India
It is common fact that any disaster causes heavy losses in terms of human life, property and livelihood. India which ranks first in terms of disaster fatalities, 3rd in Global risk index and twenty six in terms of disaster losses per unit of GDP in the year 2013 (Global Climate Risk Index, 2015), suffered loss of around 2% of GDP and 12% of the state and central government revenue in all forms of natural disasters during 1996-2000. It is great challenge to check this loss.
Inverse relation between Development and disaster loss
One way to reduce this loss is the rapid economic development, that is, increase in per-capita income. This fact has been brought forth in one empirical study by Yashobanta Parida, PhD Scholar, Jawaharlal Nehru University, New Delhi, who has examined the relationship between socio-economic development and flood impact in case of Indian states. Finding is that higher economic development (proxied by real per capita income) can significantly reduce human mortality and economic losses due to flood disaster. The study also finds that the Government expenditure on natural calamity can minimize the damages due to flood.
|Location||Araria, Arwal, Aurangabad, Banka, Begusarai, Bhagalpur, Bhojpur, Buxar, Darbhanga, East Champaran, Gaya, Gopalganj, Jamui, Jehanabad, Kaimur, Katihar, Khagaria, Kishanganj, Lakhisarai, Madhepura, Madhubani, Monghyr, Muzaffarpur, Nalanda, Nawada, Patna, Purnea, Rohtas, Saharsa, Samastipur, Saran, Sheohar, Shiekhpura, Sitamarhi, Siwan, Supaul, Vaishali, West Champaran,|
|Theme||resilient villages, resilient livelihoods, resilient basic services, resilient critical infrastructure, resilient cities, miscellaneous,|
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