In the Indian context , Natural disasters, particularly floods and cyclones, are biggest threats, and a big reason for the country’s economy. Visible losses like damage to infrastructure, buildings damage, destruction of bridges etc. are calculated after disaster events, however, indirect losses  which are significant portion of total losses and impact broader economy are normally overlooked. This study has been conducted with a view to compute indirect losses for the Srinagar region located in (Jammu and Kashmir), very badly affected by the 2014 Jhelum River flood, resulting in a hepatic direct economic loss to the tune of 20.4 billion dollars. Input-Output tables from 2010-2020 from A.D.B. have been considered including   Leontief theory to analyze the over-all flood situation of 2014 flood of Kashmir, and  Static and Dynamic approach in Input-Output models were constructed. The dynamic model is developed to estimate accumulative output loss over various recovery periods. The findings indicate flood surge in the Srinagar region severely impacted. Retail trade, except motorcars and motorbikes(max.16.46%) followed by Agricultural sector ,home goods repair, inland transport, chemicals; wholesale distribution and intermediary trade, except motor vehicles and motorcycles and electricity, gas, financial intermediation, and water supply, While education, health and social work, air transport and water transport were least affected Sectors. The study reveals that retail trade commerce, except motor cars and motorbikes, experienced rapid recovery in the early stages but remained stable later. It is crucial to assess indirect loss due to disaster events as they impact various economic sectors beyond the immediate zone, including supply chain disruptions and labor market disruptions. It helps in planning for production, social and economic stability, and implementing appropriate protection measures. India faces significant financial losses due to natural catastrophes like floods and cyclones, including tangible and indirect losses that impact the country's overall economy..