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The Importance of the Finance Commission Disaster Risk Index (FCDRI)

A Comprehensive Overview of FCDRI and Its Impact on Disaster Management

The Importance of the Finance Commission Disaster Risk Index (FCDRI)

  • 08 Sep, 2023
  • 492

What is the Finance Commission Disaster Risk Index (FCDRI)?

The Finance Commission Disaster Risk Index (FCDRI) is a tool developed by the Indian government aimed at assessing the vulnerability of its states and union territories to various natural disasters.

Why was the FCDRI created?

The primary purpose of the FCDRI is to aid the Finance Commission in the allocation of funds for disaster management across different states and union territories. Additionally, this index is utilized by organizations such as the National Disaster Management Authority (NDMA) in formulating and implementing disaster management strategies.

On what factors is the FCDRI based?

The FCDRI takes into account various factors, including the frequency and intensity of natural disasters, exposure levels to natural hazards, and the capacity of regions to manage these disasters effectively.

Is the FCDRI an absolute measure of disaster risk?

While the FCDRI serves as a crucial instrument for assessing disaster risk, it does not cover all the contributing elements to disaster risk, such as poverty levels and availability of resources.

How often is the FCDRI updated?

This index is dynamic and undergoes regular updates, with the latest version released in 2021.

Where can the FCDRI be accessed?

Individuals interested in viewing the FCDRI can find it on the official website of the Finance Commission of India.

Which are the top 5 regions with the highest FCDRI scores?

The states with the highest FCDRI scores include Uttar Pradesh, Bihar, Jharkhand, Odisha, and Assam, indicating their elevated vulnerability to natural disasters.

Why are eastern and northeastern regions of India more vulnerable according to FCDRI?

The increased vulnerability of these regions is attributed to their exposure to a variety of natural disasters, such as cyclones, floods, and earthquakes, which significantly raise their risk levels.

How can the FCDRI be used beneficially?

The FCDRI is instrumental in identifying high-risk regions, making it a vital resource for prioritizing disaster management initiatives and efficiently allocating resources in vulnerable areas.

Grasping the essence of the FCDRI is crucial for policymakers, disaster management authorities, and regional governments, enabling them to make informed decisions regarding resource distribution and disaster preparedness.

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