Impact of COVID-19 on banana exports
The impact of COVID-19 has put the world to a standstill and almost every sector has taken a severe dent disrupting day-to-day operation and efficiency. With its impact felt in almost every core businesses area, most businesses are struggling to cope with its spiral effects. The COVD-19 virus has also hit the banana farmers of India, particularly Tamil Nadu, as importing countries such as Iran suffers due to a nation-wide lock down. The price of a tonne of banana has come down considerably following COVID-19 and national lock down thereafter. The price has definitely come to the point where anything below the base price will be non-remunerative for thousands of farmers across the state. Many companies that are export-based have to wind down their operation due to the lock down…