The coronavirus crisis has taken the entire world by surprise, with business organizations are finding it difficult to cope up with economic decline due to COVID-19 pandemic, as such global crisis has never been witnessed in the modern peacetime history, and it has crippled the business world to an extent. Whether if it is a large or small-scale business, Natural calamities are the most disastrous events and even if it occurs at one corner of the world, it creates a negative ripple effect across the globe and every life gets affected by it. As per the UN report, India suffered a huge economic loss of USD 79.5 billion due to climate-induced disasters or natural calamities in the last 20 years, this report highlights the influence of extreme weather changes on the global economy. Large-scale, well-established businesses might be able to handle natural disasters in a better way, as they have more resources available to restore their business operations. • Occurrence of Natural ca
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