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One or two states can’t take the burden of food production anymore. From return to ecology friendly farming practices to farmer-consumer cooperatives and technologies like solar-based vegetable dehydrating, there is much work to be done to stabilise prices, ensure food security, and keeping farmers and consumers happy
After victories in three states, a confident BJP is hopeful of winning the next Lok Sabha elections. Yet it does not want to leave anything to chance, least of all TOP which can swing voter sentiment wildly as these kitchen staples pinch people at the bottom of the population the most.
A recent report by Crisil highlights that volatility in vegetable prices has increased in the past four years due to demand-supply imbalances, not just weather-related events. This volatility poses problems for consumers, farmers, and policymakers. Potatoes, onions, and tomatoes are the primary drivers of price volatility in the food category. The report suggests that vegetable production has not kept up with demand, and there are high losses and wastages in the supply chain. Investment in post-harvest infrastructure and short-term policy interventions are needed to stabilize prices.
A tough managerial challenge faces the Government, which is to ensure that enough food items are available in the market at reasonable prices, yet farmers are not short changed. A slew of reforms is required, from ensuring that agricultural holdings are not fragmented further, to making agricultural inputs available to farmers at reasonable prices.
Snack company Mondelez India is expanding its manufacturing plant's capacity at Sri City in Tirupati district and Andhra Pradesh Chief Minister Y S Jagan Mohan Reddy virtually took part in the foundation stone-laying ceremony on Tuesday. With an investment of Rs 1,600 crore, this project, first announced during the Global Investors Summit (GIS) in Visakhapatnam is taking off now.