Geography
Though India is an agricultural country, the cost of food is rising sharply. Give reasons to explain the causes of this rise in prices of food.
Indian Agriculture Food Crops
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Answer
The rising cost of food in India can be attributed to several factors:
- Increasing Population — The rising population in India leads to increased demand for food, putting pressure on the available supply and driving up prices.
- Inflation and Economic Factors — Inflationary pressures, rising fuel prices, transportation costs, and input costs for farmers contribute to higher food prices.
- Weather and Climate Change — Adverse weather events like droughts, floods and extreme temperatures affect crop yields and reduce the overall food supply, leading to price increases.
- Supply Chain Issues — Inadequate infrastructure, storage facilities and transportation networks result in post-harvest losses and wastage, leading to higher prices.
- Income Disparities — Income disparities affect food prices, as higher-income groups demand costlier food products, driving up prices.
- Export and Import Policies — Trade policies and restrictions on agricultural commodities can create imbalances between supply and demand, impacting domestic food prices.
- Global Market Influences — Global commodity prices, exchange rates, and geopolitical events have a trickle-down effect on domestic food prices in India.
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