Every year India suffers from natural calamities, 100 crore loss in 2023, shocking report.

The impact of natural calamities in India is increasing day by day. Due to these natural calamities, the economic losses of the year are also increasing enormously. According to a report by ‘Swiss Re’, a leading social media company, in 2023 the loss due to natural calamities was more than one lakh crore rupees. It is believed that the damage figures may be significant at times. The 2024 loss report isn’t out yet, and one part is showing that 2024 has more to lose than you think.

If we talk about the past, from 203 to 2022, India is losing about 8 billion US dollars every year. This figure is more than 12% higher than the figures from 2003 to 2012. Also to forgive people in a way year after year in losses in natural calamities. Also, the consequences of natural calamities are quite scary and worth considering. According to the Swiss Re report, about 63% of the losses India suffered due to natural disasters in the last 2 countries were related to floods. Climate and geographical location due to flood damage.

In India, the summer monsoon (June to September) and the northeast monsoon (October to December) bring rains that cause flooding. Mumbai in 2005, Uttarakhand in 2013, Jammu and Kashmir in 2014, Chennai in 2015 and Kerala in 2018 will be discussed. Floods in North India in 2023 also caused more than a billion rupees in damage.

According to the report, several important points in the damages caused by natural disasters. Chief among them is climate change. As temperatures rise, storms, floods and droughts have increased in intensity and frequency. It also developed into a sensitive and vulnerable population during natural calamities. The report also states that agriculture, which employs a large population of India, often suffers the worst from floods, droughts and cyclones. Crops are damaged due to which the rural economy and food security are significantly affected. As the basic structures also suffer a lot from natural calamities. These losses not only affect economic activities but also affect people.

Some regions of India which are heavily affected by natural calamities. Coastal states like Odisha, Andhra Pradesh and West Bengal are vulnerable to cyclones. The states of Bihar and Uttar Pradesh are affected by floods every year. Always supporting Rajasthan and Gujarat with drought. The Himalayan regions like Himachal Pradesh and Uttarakhand are always prone to earthquakes and landslides. If and Delhi like Mumbai, there is always a risk of flooding and waterlogging. The report informed that Delhi and Ahmedabad are more prone to earthquakes than the coast. At the same time, the report feared that there could be a major earthquake that could be felt as far as Delhi, or smaller earthquakes near larger areas like Mumbai and Delhi. The damage in both these cases could be more than the 2001 Bhuj earthquake in Gujarat. Also, Indian companies have said that there are many individuals and families who are not insured, due to which they have to meet with a lot of malice during natural calamities.

Notably, according to the Swiss report, the 2005 Mumbai and 2015 Chennai floods are among India’s costliest natural disasters. The Mumbai floods in 2005 caused losses of $5.3 billion and the Chennai floods in 2015 caused losses of $6.6 billion. The report also states that these incidents clearly show that there is a dire need for better planning and disaster preparedness. Climate change is likely to increase the severity of natural disasters in the future. has to significantly improve the Indian Coaster to be disaster prepared and as such will include structures that can withstand natural calamities.