About half of the Earth's land area is drought prone (Kogan, 1997) and an average of 55 million people around the world are affected by drought every year (Vatter et al., 2019). During 1900-2011, more than 11 million people lost their lives and two billion people were affected by drought (Spinoni et al., 2014). Droughts may further trigger other calamities such as wildfires and heatwaves (LeComte, 2011;Sivakumar, 2005). Unlike other disasters, such as floods or earthquakes, drought is a slowly developing phenomenon and often shows persistent consequences even after the drought has ended (Vogt et al., 2011). Furthermore, due to climate change and rising temperatures, droughts are expected to increase in terms of