Food security is a critical challenge – the World Bank includes it among the eight global challenges to be addressed at scale in 2024. Climate shocks, economic instability and geopolitics have significantly impacted crop yields and food supply chains.
India's smallholding farmers face significant challenges. They struggle with erratic weather and the impacts of climate change, pest infestations, and declining yields. Financially constrained, many are trapped by high-interest loans from local lenders. Post-harvest, issues such as crop wastage, logistics, and market access can add their troubles, with up to 40 percent of produce lost. Market fluctuations and the inability to meet quality standards further exacerbate their struggles.