March 04, 2020

Opinion | It may be time for the country to set up a national risk office

In this piece for Mint, Niranjan Rajadhyaksha points out that the COVID-19 outbreak has revealed the need for a national risk office. While the crisis has revealed a lot of specific needs in different sectors such as health surveillance and supply chains, there is also a need for a comprehensive view of the risks to India as a whole. Excerpt below: 

 

"Any country faces myriad risks—from cyber warfare to climate change to supply chain disruptions to energy security to financial crises to social fissures. It is very unlikely that a single risk tsar can do the job. A better option would be to have a national risk office that coordinates risk assessment initiatives among different parts of the government. The design of such an office could perhaps be something that a think tank such as the NITI Aayog needs to think about."

 

Read the full article here.

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