Infrastructural bottlenecks, high food inflation challenge the efficiency of Indian food supply chain

Dr. Mukherjee suggested that a stronger regulation to check anti-competitive practices and consumer protection; streamlining sourcing and supply chain; fiscal reforms - implementation of GST and uniform taxes for processed food; efficient implementation of FSSA; rationalizing import duties and trade policies; learning from global best practices and inter-governmental collaboration and information sharing, could be some of the steps in enhancing the efficiency of the value chain.

She added that besides regulatory, fiscal and trade-related barriers, inconsistency in supply of raw material, lack of processable quality agricultural raw material, improper handling of products, lack of cold storage and inadequate working capital and use of inferior technology had emerged as some of the biggest challenges for the food supply chain.

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Last modified onMonday, 31 March 2014 03:48