Impact of West-Asia war on Indian agriculture

Abstract:

The ongoing conflict has certainly impacted global agricultural supply chains though to different extent depending upon the country’s geographical location, existing stockpiles, and governmental interventions. Most direct impact is noticed on fertiliser prices across the globe. Its cascading effect will be felt in the months to come. There is a high likelihood that increased price of fertilisers and rising energy costs could lead to food inflation due to lesser amount of fertiliser application resulting in lower crop acreage and subsequent lower crop production. In long run, it could affect country’s economy and food security. However, the extent of impact would depend upon the duration of the conflict. Considering the damage that the war has caused to infrastructure, it is certain that considerable time would be required to return to pre-conflict production levels.