Disasters’ Destroying Economic Potential – GKToday

Disasters’ Destroying Economic Potential

As per the Odisha Economic Survey 2018-2019, Odisha s economic growth was severely hindered by several natural disasters which have occurred at frequent intervals.

What does the survey say?

The Big Picture

Unlike the western countries, which have better economies and technically preparedness to handle climate change and its repercussions, it is countries like India and China which will bear the brunt of disasters caused by rising emissions and a planet-warming due to the greenhouse effect. However, if we are maintaining our economic productivity even in face of natural disasters, our economy must be resilient and the disaster response agencies like the National Disaster Management Authority (NDMA) must be further technically improved and equipped.

 

 

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