The impact of environmental disasters on the Indian economy is significant. Floods, droughts, and cyclones have a devastating effect on agriculture, industry, and tourism.

• Agriculture: About 60% of India’s population depends on agriculture, and environmental disasters such as floods and droughts have a significant impact on crop production. Floods damage crops and fields, leading to a shortage of food supply. On the other hand, droughts lead to reduced crop production, leading to a decline in income for farmers.
• Industry: Environmental disasters affect the infrastructure, transportation, and supply chain, leading to a decline in productivity. The disruption in supply chain forces companies to shut down or reduce production, causing job losses and a decline in revenue.
• Tourism: Environmental disasters such as cyclones and floods damage tourist destinations, causing a decline in tourist footfall. This results in a loss of income for the tourism industry, which is a major sector for India’s economy.

In conclusion, environmental disasters have a significant impact on the Indian economy, and the government must invest in disaster management and preparedness to mitigate the economic impact.