Department of Economics & Sociology, COBSH, PAU, Ludhiana, Punjab
*Corresponding author: profmouzam@pau.edu
Online published on 24 March, 2023.
COVID-19 Pandemic has proved to be a fatal hit to world leading to economic downfalls. Supply chain disruptions were the major cause of economic disintegration. Imports and exports were impacted due to supply chain disruptions. India since green revolution has been growing its food production. India feeds the whole nation with the largest food distribution system in the world. On the other hand, it exports food to a range of countries. India is not only one of the largest exporters of cereals but also of cereal products. Trade in agricultural commodities and food is crucial to ensuring domestic food availability, but it can only increase food security if food is affordable and accessible. Our research has underlined the importance of India’s rice and wheat exports during very crucial time of crisis in LIFDCs import food basket. This work has revealed that major exporters of cereals imposed bans and reduced exports to LIFDCs and contributed to already existing food insecurity problems of these countries. In coming days, food security will be one of the most critical aspects of global demand and diplomacy and India has the potential to grow a lot of food than most parts of the world and can become world’s food basket.