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Context: A particular report on Drought 2021, unveiled by the UN Business office for Catastrophe Chance Reduction (UNDRR) on Thursday, approximated the “impact of extreme droughts on India’s GDP to be about 2-5% per annum”, in spite of decreasing contribution of agriculture in the country’s expanding economy.
Key highlights of the report
In recent major droughts in Tamil Nadu, a 20% reduction in the primary sector caused an overall 5% drop in industry and a 3% reduction in the service sector.
About UN Office for Disaster Risk Reduction (UNDRR)
By: Shubham Tiwari ProfileResourcesReport error
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