Economics & Politics / Rural India

Re-indexing what 252 mt of foodgrain estimate means for India

There are lots of hidden stories in the numbers from the Agriculture sector. Government generally highlights facts only at a superficial level. In-depth analysis of crop wise agriculture data trends will reveal lot more…

Resources Research

Rice 103 million tons. Wheat 90 million tons. That is the cereal base of the ‘third advance estimates’ of foodgrain production in India for 2011-12. The data has just been released by the Indian Ministry of Agriculture’s Department of Agriculture & Cooperation (it is the Directorate of Economics & Statistics which compiles and releases the numbers).

Going by the third advance estimate numbers for major crops, the rice estimate is just over the 102 mt target and the wheat estimate is 6 mt tons above. At just under 42 mt, the estimate for coarse cereals (jowar, bajra, maize, ragi, barley and small millets) is at the target level. Total cereals is 235.54 mt, about 7 mt over the target for the year. Total pulses (tur, gram, urad, moong, other kharif and other rabi) are estimated at 17 mt which is also on target. That gives India’s foodgrain an estimate of…

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One thought on “Re-indexing what 252 mt of foodgrain estimate means for India

  1. The Agriculture Economics is considered to be one of the political strategy’s strength planks – in that by active intervention , one can guide the [political] destiny of the country [ or the region, as may be applicable].
    That is why Food Corporation keeps on accumulating millions of tonnes of inventory, at huge carrying cost, ultimately to be either ‘written off’ or ‘diverted’ to the private sector through the PDS. The beauty lies in the fact that private sector distribution channel makes money [ and judiciously shares with the political system], whereas FCI perennially keeps on piling up financial losses as well.
    The intervention by the State at the production stage, synchronus with short-term and long -term demand and supply pattern should ideally suffice to tak ecare interests of farmers and the consumers.
    Howver, this is a matter of huge debate.

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