India ranked amongst top 5 in economic losses-UN

Development is becoming difficult due to the income lost in disaster control. 

According to a report from UN for Disaster Risk Reduction, 2908 billion dollars are lost by disaster hit countries.

India lost about 80 billion dollars from 1998-2017.

In the last 20 years, losses have increased by 120 %.

These losses are completely unsustainable and come in between the eradication of poverty from the world.