New Delhi, Jan. 30 -- India experiences five to six tropical cyclones every year, with two or three being severe. A study by the Indian Institute of Technology Bombay (IIT-B) said that these disasters cause not only immediate loss of life and property but also put a significant financial strain on the government.

The state government bears much of the disaster response cost after natural disasters such as floods and cyclones which substantially impacts its budget.

The findings from the study show that disasters put a heavy financial burden on affected states.

It increased the state's expenditure. After the disaster, the state has to invest in rebuilding essential infrastructure such as roads, bridges, and homes. Secondly, these disaste...