India’s Food Supply Chain during the Pandemic
49 Pages Posted: 13 Aug 2021
Date Written: July 31, 2021
Abstract
We document the impact of India’s COVID-19 lockdown on the food supply chain. Food arrivals in wholesale markets dropped by 69% in the three weeks following the lockdown and wholesale prices rose by 8%. Six weeks after the lockdown began, volumes and prices had fully recovered. The initial food supply shock was highly correlated with early incidence of COVID-19. We provide evidence that this correlation is due more to state-level lockdown policy variation than local responses of those in the food supply chain. Finally, during the recovery phase, the correlation between the food supply disruption and COVID-19 exposure disappeared, suggesting uniform recovery.
Keywords: COVID-19, Health Pandemics, Food, Supply Chain, India
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