SBI PO Prelims 8 Mar 2025 Shift 2 Paper

In recent years, global food supply chains have faced unprecedented challenges, contributing to inflationary pressures that have affected economies worldwide. The intricate network that ensures the delivery of food from farms to tables has been disrupted by a multitude of factors. These disturbances have cast a dark shadow over the global food market, complicating efforts to stabilize prices and ensure accessibility. One of the primary causes of food supply disturbances is extreme weather conditions. Climate change has led to unpredictable and severe weather patterns, resulting in poor crop yields. Droughts, floods, and other natural disasters have significantly impacted agricultural productivity, reducing the supply of key staples such as wheat, rice, and maize. This reduction in supply has inevitably pushed prices upward, exacerbating food inflation. Another critical factor contributing to food supply chain disruptions is the ongoing COVID-19 pandemic. The pandemic has created numerous logistical challenges, including labour shortages and transport restrictions. Many countries have struggled to maintain their food distribution networks as lockdowns and health regulations have led to delays and higher transportation costs. Furthermore, border closures and trade restrictions have hindered the free flow of goods, causing regional supply imbalances and further escalating prices.

 

On a global scale, supply chain disruptions are not the only challenges. Rising energy prices have also played a significant role in food inflation. The cost of fuel is a major component of agricultural production and transportation expenses. As fuel prices continue to climb, so do the costs of ___________ food products. This increase in operational costs is typically passed on to consumers, leading to higher food prices at retail outlets. Governments and international bodies are working tirelessly to address these issues and mitigate the impact on food prices. Various strategies are being considered and implemented to handle the situation, such as improving agricultural practices, investing in climate-resilient crops, and enhancing infrastructure to ensure more efficient distribution channels. Additionally, policymakers are focusing on measures to support farmers and reduce their financial burden, an effort critical to stabilizing the food supply chain in the long run. Despite these efforts, it is clear that the road ahead remains challenging. Experts warn that food inflation may continue for the foreseeable future unless comprehensive and coordinated actions are taken globally. The interplay of climate change, pandemic-related disruptions, and rising energy costs creates a complex scenario that requires robust and adaptive solutions to ensure food security and stabilize markets. Thus, global cooperation and innovative strategies are essential in addressing the dark clouds hovering over the world's food supply.