Floods have a significant impact on the economy of Assam, a state in Northeast India. Some of the key effects are:

• Damage to crops: Assam is an agrarian state, and floods can destroy crops, leading to losses worth crores of rupees.
• Increase in food prices: When crops are destroyed, the supply of food decreases, leading to an increase in prices. This can affect both the state economy and the pockets of individuals.
• Infrastructure damage: Floods can damage roads, bridges, and other infrastructure, disrupting transportation networks and reducing economic activity.
• Decrease in tourism: Tourism is an important source of revenue for Assam, but when floods occur, tourists tend to stay away, leading to a decrease in revenue from this sector.
• Displacement of people: Large-scale displacement of people due to floods can have a negative impact on the economy, as people lose their homes and livelihoods.

Overall, floods in Assam have a significant impact on the state's economy, with losses running into crores of rupees each year. Addressing this issue requires concerted efforts in disaster preparedness, infrastructure planning, and economic diversification.