IMPACT OF COVID-19 ON AGRICULTURAL SECTOR

Authors

  • Srikar Addala, Saloni Sirsat, Naman Juneja, Khyati Dhawan SVKM’s Narsee Monjee Institute of Management Studies- NMIMS Bangalore

Keywords:

Agricultural sector , Covid-19 , Rural Communities

Abstract

Farmers, rural communities, and their most valued concern are used to analyse agriculture system risks from covid-19 pandemics. First, covid-19 has caused deaths, infections, health difficulties, stress, and trauma in rural areas. Several studies reviewed these risks for farmers and rural communities, including suicides. Covid-19 affects farmers' losses, especially fresh crops, fruit, and milk. These losses were attributed to travel and interaction restrictions, labour losses, and restaurant, hotel, and other business closures. There is a window of opportunity right now to not only effectively respond to the current crisis, but also to roll back support that is distortive, inefficient, and harmful to the environment. This would free up capital for investments in a food system that is more productive, sustainable, and resilient, and would allow it to meet new challenges. Together, this and the accompanying regulatory reforms have the potential to help create an environment that is conducive to the development of a food system that is in harmony with the limits of natural resources, a changing climate, rising consumer demand, innovative technologies, and "low probability, high impact" catastrophic risks. In the wake of the unanticipated shock caused by COVID-19, it is necessary to implement a policy package that takes a more forward-looking approach and invests in the productivity, sustainability, and resilience of the global food system

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