MUMBAI: India needs to adopt a sound policy on how to store perishables to shield the economy from repeated food price shocks, researchers in the country’s central bank said.
“The vulnerability of the economy to recurring incidence of vegetable price shocks, especially ahead of and during the monsoon, warrants major reforms in perishable supply chains covering transportation networks, warehousing and storage technologies,” the Reserve Bank of India said in its monthly State of the Economy report Thursday.
