They wage the war, we pay the price
The ongoing Gulf conflict is disrupting trade and hurting Indian farmers and workers, particularly those in the mango and watermelon export industries. A prolonged disruption in trade could have far-reaching consequences, including rising unemployment and a crisis in the fertiliser sector.
India's mango and watermelon farmers are feeling the effects of the Gulf conflict. Export orders have plummeted, with the Gulf Cooperation Council countries being the biggest buyers of Indian mangoes. The domestic market is expected to be flooded with surplus fruit, causing prices to crash. The war is also affecting other export-oriented sectors, including gems and jewellery, and pharmaceuticals. India imports a large share of its fertiliser requirements, and the international price of Di-Ammonium Phosphate has surged sharply. This could lead to a crisis in the fertiliser sector, with farmers depending more heavily on urea. The conflict is expected to have far-reaching consequences, including rising unemployment, particularly in rural areas and among informal workers.
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