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