1st Edition

Political Economy of Disaster Risk Financing in India Exploring the Strategic Dimensions

By Sanjay Sharma Copyright 2026
248 Pages 18 B/W Illustrations
by Routledge

248 Pages 18 B/W Illustrations
by Routledge

248 Pages 18 B/W Illustrations
by Routledge

This book examines the political-economic perspective on the strategic dimensions of disaster risk financing in India. It argues that financing is an essential part of disaster governance and needs periodic review. While disaster governance is a relatively recent development in India, disaster financing began in 1957 with the introduction of the Margin Money Scheme by the Second Finance... Read more

Introduction  PART I:  DISASTER RISK FINANCING: ANALYSING APPROACHES, POLICIES, AND INSTITUTIONS  1.      Exploring the Approaches of Disaster Risk Financing  2.     Disaster Risk Financing in India: Analysings of the Policy Framework  3.      Finance Commission: Engineering the Disaster Risk Financing Schemes  PART II:  STRATEGIC DOMAINS OF DISASTER RISK FINANCING  4.      Methodology of Disaster Risk Financing in India: A Contested Domain  5.      States’ Concerns and Central Responses for Disaster Risk Financing: Mapping the Federal Discourse  6.      Local Governance: A Missing Pillar in Disaster Financing  7.      Foreign Aid: Mapping India’s Global Outreach  PART III: TRANSITIONING TO DISASTER RESILIENCE   8.      Disaster Risk Financing in India: Exploring the Alternative Sources of Funding  9.      Disaster Resilient Infrastructure: Locating Directions and Resources  10.   Insurance and Disaster Risk Financing: Alleviating the Risk

Biography

Sanjay Sharma is Associate Professor in the Department of Politics and International Studies at Pondicherry University, India. Presently, he is on deputation as Head of the Research and Innovation Centre at the India International Institute of Democracy and Election Management (IIIDEM) in Delhi. He has more than 15 years of teaching and research experience. He has published high-quality research papers on Disaster Risk Financing in SAGE journals, completed two major projects, and co-authored one book titled Global Politics.