ECONOMIC ASSESSMENT OF IMPACT OF COVID-19 PANDEMIC ON BANANA AND ONION GROWERS IN VIJAYANAGARA DISTRICT OF KARNATAKA
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Date
2022-12-24
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During the COVID-19 induced lockdown in India, it was difficult, especially for the fruits and vegetables farmers, to find right price for their produce. Thus, the study assessed the impact of COVID-19 induced lockdown on banana and onion growers in Vijayanagara district of Karnataka. The study used Vector Autoregression and Vector Error Correction Model to analyse the impact of COVID-19 pandemic on market arrivals and prices of banana and onion. Expectedly, there was a negative impact of COVID-19 on market arrivals and prices of banana. However, there was a positive impact of COVID-19 pandemic on market arrivals and prices of onion, accounting to an average gain of 1,17,405 per month for the market, explaining that the impact varied according to the nature of commodities. The personal interviews with the farmers revealed that the net income from banana and onion had decreased during COVID period. Also, the expenditure on food and health was significantly higher during the COVID period. Meanwhile, expenditure on recreation, social ceremonies and clothing had decreased significantly. Nearly 83 per cent of the banana growers distributed the harvested bananas to the nearby zoo at free of cost, depicting the pathetic condition of banana growers during the lockdown. However, 77 per cent of the onion growers stored the onions in the warehouses and anticipated for better prices in the future, Therefore, the study suggests to strengthen the Supply chain system by digitisation and logistic development that could cushion out the shocks like that of COVID-19 pandemic.
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