Definition

Financial arrangements is that managerial activity which is concerned with the planning and controlling of the firms financial resources. Financial Planning is the process of estimating the capital required and determining its competition. It is the process of framing financial policies in relation to procurement, investment and administration of funds of an enterprise.

Objectives
Determining capital requirements- This will depend upon factors like cost of current and fixed assets, promotional expenses and longrange planning. Capital requirements have to be looked with both aspects: short- term and long- term requirements. Determining capital structure- The capital structure is the composition of capital, i.e., the relative kind and proportion of capital required in the business. This includes decisions of debtequity ratio- both short-term and long- term. Framing financial policies with regards to cash control, lending, borrowings, etc. A finance manager ensures that the scarce financial resources are maximally utilized in the best possible manner at least cost in order to get maximum returns on investment.

Importance
Financial Planning is process of framing objectives, policies, procedures, programmes and budgets regarding the financial activities of a concern. This ensures effective and adequate financial and investment policies

Importance
Adequate funds have to be ensured. Financial Planning helps in ensuring a reasonable balance between outflow and inflow of funds so that stability is maintained. Financial Planning ensures that the suppliers of funds are easily investing in companies which exercise financial planning. Financial Planning helps in making growth and expansion programmes which helps in long-run survival of the company. Financial Planning reduces uncertainties with regards to changing market trends which can be faced easily through enough funds. Financial Planning helps in reducing the uncertainties which can be a hindrance to growth of the company. This helps in ensuring stability an d profitability in concern.

Role in Disaster Management

The evaluation of the extent of direct damage and collateral damage. The quantification in financial terms of the mitigation exercise

Evaluation of damage
Possible extent of damage Different alternative plans Evaluation for mitigation. City management, community organizations, corporate and government and various other agencies. Continuous audit of disaster management.. Advise government on the prudent use of finance.

ARRANGEMENTS MECHANISM

Integrated Administrative Machinery * National Contingency Action Plan identify initiatives by various agencies * Department of Agriculture & Cooperation - the Nodal Department * Central Relief Commissioner - Chief Officer at National level * State/District Contingency Plans and Manuals

Nodal
Relief

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National response mechanism

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ARRANGEMENTS MECHANISM

Integrated Administrative Machinery * National Contingency Action Plan identify initiatives by various agencies * Department of Agriculture & Cooperation - the Nodal Department * Central Relief Commissioner - Chief Nodal Officer at National level * State/District Contingency Plans and Relief Manuals
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Natural Disaster ResponseGovernment of India

National Crisis Management Committee(NCMC) under Cabinet Secretary Crisis Management Group(CMG) under Central Relief Commissioner Group of Ministers, Group of Secretaries and High Level Committees-Need base

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GOI Departments for Disaster Response

Armed Forces-Ministry of Defence Central Para Military Forces- Ministry of Home Affairs International Response- Ministry of External Affairs

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GOI Departments for Disaster Response

Ministries/Departments:
Rural Development, Drinking Water Supply Power, Telecom , Health, Urban Development Food & Public Distribution, Shipping Surface Transport, Railways, Civil Aviation Women & Child Development Water Resources, Animal Husbandry India Meteorological Department(IMD)

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DISASTER MANAGEMENT POLICY- SALIENT FEATURES

*
* Recognition of linkages between natural

disasters and development

Connecting of specific programmes like natural disasters * Emphasis on forecasting and warning using advanced technology DPAP, DDP,

NWDPRA and Wasteland

Development Programme for managing

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CENTRAL SECTOR SCHEME FOR DISASTER MANAGEMENT - SALIENT FEATURES

Human resource Development

* Setting up of National Centre for Disaster Management (NCDM) * Setting up of Disaster Management Faculties in States * Programmes for Community Participation and Public Awareness * Observing National Disaster Reduction Day * Activities to achieve the goals and objectives of IDNDR/ISDR

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External Assistance -Policy

No formal appeal for external assistance made for relief External assistance,if offered as solidarity accepted with gratitude Gujarat earthquake- international response overwhelming Bi-lateral agreements suggested by some countries for emergency response
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DISASTER RESPONSE ARRANGEMENTS IN THE STATES

STATE CABINET STATES CRISIS MANAGEMENT GROUP: HEADED BY CHIEF SECRETARY. INSTITUTION OF RELIEF COMMISSIONERS IN STATES STATES/DISTRICTS CONTINGENCY PLAN S / RELIEF CODES.

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Thank you