Issue 1 – Financing Disaster Risk Reduction – The Indian Context

Archana G Gulati
May 2015

In the present scenario in India is that in the event of a disaster, available funds can be used only for relief and immediate rehabilitation and not for long term reconstruction.There is a need to take a look at disaster risk financing and transfer mechanisms, as an intervention to reduce the negative financial impact of disasters. In this regard the potential of insurance to act as an effective means of risk transfer and of incentivizing mitigation efforts has merit.

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