With the lockdown anticipated to extend for some more time, there are now concerns rising over food supply and people are now scared. The potential negative impacts of Corona on agricultural production, market stability, food supply may now be seen from the surface but it is still difficult to predict quantify the exact damage accurately. However, viewing the current scenario and based on the floating news, here is an overview of the impact on agricultural production and economy.
As Rabi crop harvest season coincides with the coronavirus pandemic lockdown, the ready to be harvested crops unabatedly stands in the fields, on account of the dearth of agricultural laborers. Already reeling under an unprecedented confluence of pressure, the agrarian economy is now struggling to keep its head above water. However, timely intervention by the center and state govt. has brought a big respite to the farmers of India.
The Center and State Governments are now working in harmony to redress the grievances of farmers by introducing a hantle of measures every day such as subsidies, including crop insurance to farmers, free flow of agricultural credit, unemployment allowance to rural landless/migrant workers under MANREGA, etc. The govt. is using every arrow in its quiver to ensure the health of farmers by continuously sensitizing the farmers about working in fields with covered faces while maintaining social distancing.
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SafalFasal unlocks financial access for 75,000 Indian farmers, aims to repair Coronavirus-hit supply chain
Global digital payment solutions leader BPC and its SME Marketplace, SafalFasal, have supported more than 75,000Covid-hit farmers across India by offering technological and financial solutions to help the farm sector keep food and supply chain rolling, during and after the lockdown phase. The company has successfully extended formal financing to the farming industry by creating an easy credit line via NBFCs.
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Dr. Joy Jackson, an internal medicine physician, serves the community as director of the Florida Department of Health in Polk County (DOH-Polk). For more information about DOHPolk, visit mypolkhealth.org. Follow DOH-Polk on Twitter at twitter.com/ FLHealthPolk.
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