The Indian government has implemented various measures to mitigate the economic losses caused by natural disasters. Some of the steps taken by the government are:

• Creating a contingency fund: The government has created a contingency fund to provide immediate financial assistance to the affected regions. This fund can be utilized for rescue and relief operations, providing temporary shelters, and distributing essential commodities.
• Investment in infrastructure: The government is investing in building disaster-resilient infrastructure like roads, bridges, and dams to withstand the impact of natural calamities.
• Disaster management plans: The government has introduced comprehensive disaster management plans to deal with different types of natural disasters. The plans include measures to evacuate the affected population, provide emergency medical aid, and rehabilitate the affected people.
• Insurance schemes: Various insurance schemes like crop insurance, livestock insurance, and house insurance have been introduced to provide financial protection to farmers, households, and businesses in case of natural disasters.
• Early warning systems: India has a well-developed early warning system for cyclones, floods, and earthquakes. This system provides advance information to the government and people, enabling them to take necessary precautions and minimize the damage.

These measures taken by the government help in reducing the economic impact of natural disasters and provide relief to the affected people.