Benefit-Cost Analysis of Flood Management, a Case Study of Jammu and Kashmir
This paper focuses on the cost-benefit analysis (CBA) of flood management by District Disaster Management Kulgam. The assessment is based on secondary pooled data collected from government offices, NGOs, journals, and national newspapers. We describe the scenario, the approach adopted, and sources of flood damage cost information. The estimated total benefits account for 78686.18 lakh rupees, and total costs account for 2218.75lakh rupees. The Benefit-Cost ratio greater than one shows that Flood Management in District Kulgam was economically feasible and successfully managed. The State of Jammu and Kashmir takes essential prevention and management measures to bring down the damages due to floods to significant status.