India has been facing a number of challenges over the period when it comes to the agricultural sector. One of the prominent ones out of many pertains to the distribution of food grains from storage facilities, distribution networks, and retailers. Even during best seasons crops where there is a surplus due to better yield, it is often the case that supply chain hindrances undo the advantage so that crops can be supplied throughout the country. Reports suggest that there is approximately 30 percent wastage of food post-harvest at every stage. It is a huge number for a country like India, which struggles to feed a population of its size, as it is home to millions of malnourished and underfed children who have less than 2 meals a day.
Some of the ways to encounter food grain losses
1- With rising technology warehouses should adopt the change by using some basic scientific practices to ensure better warehousing about 10-15 percent of the losses could be saved, which could then have a great impact on the population in terms of pricing and supply.
2- Sound supply chain practices enable an environment to monetize agri- supplies in regions with external shortcomings as well several tech-enabled solutions are being launched of late, which provide agri-supply chain solutions in a bid to ease out the procedures for all stakeholders, including investors, retailers, and warehouses, etc.
3- the emerging agri-tech companies that are bringing tech-enabled solutions have eliminated the middlemen who affect pricing, food grain pilferage, and untrustworthy transactions, the investors and retailers will be able to pay the right price for the commodity.
4- Trade finance companies have also been launching blockchain-enabled mobile applications, which provide better transparency and clarity in the procedures. They ensure that all transactions, commodity prices, purchasing and selling operations are performed through a transparent, efficient, and trustworthy. The national government on its part is encouraging more agri-based initiatives from entrepreneurs to eradicate abject poverty and food grain loss.