Summary:

Prime Minister Narendra Modi's Principal Secretary, Mr. P.K. Mishra, highlighted India’s robust Disaster Risk Reduction (DRR) financing framework - currently exceeding ₹2.4 lakh crore - during the GPDRR 2025 in Geneva. He stressed the need for timely, concrete outcomes and proposed the creation of a global DRR financing facility. He credited India’s significant increase in allocations, from ₹8.6 crore to ₹3.6 lakh crore, to the Disaster Management Act, which established a structured, rule-based financing system nationwide.

On the sidelines of the conference, Mr. Mishra held bilateral meetings with counterparts from Kenya and the Philippines to strengthen cooperation in disaster risk reduction, exchange best practices, and build resilient communities. India’s nationally anchored DRR financing system - the largest of its kind globally - underscores the nation’s strong commitment to resilience. Under Prime Minister Modi’s leadership, India continues to lead in sustainable disaster management and global collaboration for a safer, more secure future.

Source: IBEF

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