What does the COVID-19 preventive lockdown mean for the agricultural sector? Well, a lot of difficulties – scarcity of migrant workers for harvesting, loading, unloading and transportation of crops to mandis, bogged down warehouses and cold storages as agri exports are stuck, lack of truck drivers means difficulty in moving farm produce to mandis, interstate transport interruption causes difficulty in obtaining phyto-sanitary certification, interruption in movement of shipping documents due to closure of courier services, problems in clearance of goods for import and export, including the difficulties of access to ports and yards.
As the lockdown continues, harvested rabi crop is ready for selling into different primary mandis nationwide which are closed down and there is restriction on the movement of goods, thus buyers are not available in the market. In India long haul movement of fresh produce is primarily via road due to its perishable nature and long distance movement of products like wheat and rice is carried out by rail.
In this situation farmers are facing huge losses because they cannot hold agriculture produce for longer period. It is more vulnerable for farmers who grow perishables, especially fruits and vegetables due to decrease in bulk demand, less exports and falling prices. Farmers growing perishables are already facing the heat with prices dropping. Present price crises will also have impact on the cropping patterns for the next season.
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Impact Of Covid-19 On Shipping And Logistics
Industry stalwarts discuss threadbare the prevailing logistics and supply chain scenario and issues in clearing cargo during the COVID-19 lockdown
Digital Platforms Defy Lockdown
Digital trading modules such as eNAM are enabling farmers to move their produce from farm to market even during the lockdown
GARMENT TRADE TRAMPLED
As retailers face a shutdown in US and Europe, the cascading affect has caused mass cancellation of orders in Bangladesh
TRADE RESUMES WITH CHINA
While India has allowed uninterrupted movement of imports into Nepal even during lockdown, China is reopening its borders as it emerges from the pandemic
LESS HUMAN INTENSIVE, MORE DATA DRIVEN
AI provides transformational opportunity for logistics industry by improving customer experience, operational efficiency, faster turnaround time and lower cost while ensuring security and transparency. Macro environment requires industry to transform to be less human intensive, agile and data driven, all of which can be accelerated by AI adoption, shares Gangadhar Gude, Founder & CEO, atai.ai
SHAKEN AND STIRRED
The COVID-19 pandemic has partially paralysed the logistics and supply chain, but the industry is still deterred to ensure supply of essentials continues
TRADE STUCK, ECONOMY SLOWS DOWN
Sri Lankan economy slows down as trade deficit widens and supply chain disrupts amidst lockdown
LENDING INTELLIGENCE TO SUPPLY CHAIN
If youâre shipping millions of dollarsâ worth of pharmaceuticals, high-end electronics, expensive seafood, or precious metals, what would you be willing to pay for the ability to âaskâ your shipment where it is right now and whether itâs ok? What would you pay for a freight smart enough to raise an alarm before it spoils? Artificial Intelligence enables that and much moreâŠ
CONTAINER LINES SIGNAL âSOS'
As the per-unit cost of operations increases many lines are forced to blank sailings which has hit their bottom line real hard. The Government and Terminal Operators therefore need to actively consider reduction in Vessel Related Costs
IMO 2020 And The Covid-19 Curse
The COVID-19 outbreak has shaken and stirred the already volatile bunker market. While the refiners adjust their capacities and shipping lines choose their path to compliance, the market dynamics are yet to reach an equilibrium