India has allocated $29bn to cut disaster risk: PM aide in UN

Source: The post is based on the article “India has allocated $29bn to cut disaster risk: PM aide in UN” published in TOI on 20th May 2023

What is the News?

At the review meeting of the Sendai Framework at the UN General Assembly, the Principal Secretary to the Prime Minister of India highlighted the steps taken by India against Disasters.

What is the Sendai Framework for Disaster Risk Reduction?

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What are the steps taken by India against disasters?

India has significantly increased funding for disaster risk reduction (DRR) — $6 billion towards Disaster risk reduction(DRR) mitigation over the five-year period (2021-2025) and $23 billion meant for preparedness, response and recovery.

In just over a decade, India has been able to reduce the loss of lives from cyclones to less than 2%.

India is also developing ambitious mitigation programmes to reduce the risk of losses from all hazards — landslides, glacial lake outbursts, earthquakes, forest fires, heat waves and lightning.

India has been the first responder against disasters across continents. It had recently sent its National Disaster Response Force to Turkey and Syria during earthquakes, dispatching field hospitals and search and rescue teams and medical relief material.

Under India’s presidency, G20 members have agreed to establish a working group on Disaster risk reduction(DRR). The five priorities identified by the G20 working group are: 1) early warning for all, 2) resilient infrastructure, 3) improved financing of DRR, 4) systems and capacities for response and ‘build back better’ and 5) ecosystem based approaches to DR