terrorism impact on india
TRANSCRIPT
Terrorism Impact on Indian Economy
Subhashish MondalRoll No. 485/BETA
What Is TerrorismTerrorism is the threatened use of violence in order to achieve a political, religious, or ideological aim.
“In Short Violence & Killing People”
Most Effected Countries around the Globe
According to Global Terrorism Index 2015, 32,658 people were killed byterrorism in 2014 compared to 18,111 in 2013; the largest increase ever recorded
Map Showing Most
Effected region of
Terror
Attacks
table
show
ing
fata
lities
CivilianFatalities
Fatalitiesof Soldiers
10,495 3,455
9,073 3,811
5,101 2,471
24,669 9,737
1994 - 1999
2000 - 2006
2007 - 2016
Total
Data source : http://www.satp.org/satporgtp/countries/india/database/indiafatalities.htm
LifeLoss
Collateral Damage
EconomicLoss
Effects are categorized in three partseff
ects
Direct
Life Loss & Medical
Emergency
Property damaged or destroyed (Public &
Privet)
Indirect
Travel & tourism industry revenue declined
Government emergency
funds
Exclude
1. Extra expenses on
defense system by
Government2. High
insurance premium
3. Rebuilding & re-
establishment cost
Collateral
Damage
Cost
Disruption of FDI & trade deficit
Disruption of Foreign exchange balance
Stock market lowered
High insurance claim
Economic Loss
Estimate Economic Impact for all Life Loss
Though it is impossible to get the actual life loss value of all the incidents butwe can estimate it based on certain parameters.
Economic Value of Life or cost of life for an 34 years man earning 20K INR/month.
1.14Cr X 34,406 = Approx. 39,223 crore INR or $5.82 Billion
Calculation is in estimate & Irrespective of Family Emotions & Their Extra Ordinary Ability
His earning will worth 1.14 Crore till he will 55 years with same amount of money he earn & live till 65 (http://www.lifehappens.org)
Live &
Let Us Live