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International Journal of Contemporary Research in Multidisciplinary

International Journal of Contemporary Research In Multidisciplinary, 2025;4(3):442-445

Relevance of Financing in Natural Disaster Management

Author Name: Dr. Rashpaljeet Kaur;  

1. PG Department of Commerce, Mata Gujri College, Sri Fatehgarh Sahib, Punjab, India

Paper Type: review paper
Article Information
Paper Received on: 2025-05-21
Paper Accepted on: 2025-06-15
Paper Published on: 2025-06-22
Abstract:

This paper aims to focus on the concept of natural disaster management and the relevance of financing in natural disaster management. The study discloses the agencies and financial framework for disaster management at the government level. It has been found that the disaster relief funding is now widely acknowledged as a collaborative effort between the central and state governments. It also reveals that the Fifteenth Finance Commission supported the creation of National and State Disaster Management Funds (NDMF & SDMF) to fund relief efforts at the grassroots level. It further depicts that NGOs also play a very significant role in disaster risk reduction and post-disaster management.

Keywords:

Disaster, Natural, Finance, Floods & Management

How to Cite this Article:

Dr. Rashpaljeet Kaur. Relevance of Financing in Natural Disaster Management. International Journal of Contemporary Research in Multidisciplinary. 2025: 4(3):442-445


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