Daily Management Review

India Likely To Attain Record Food Grain Production This Year: Reports


08/29/2018




India Likely To Attain Record Food Grain Production This Year: Reports
There is estimation that the over all farm growth in India would reach a record high and be 3.4 per cent more than the current estimates after data suggested that the crop year that ended in June would be a record 284.83 million tonnes.  
 
However, the increased production has not been beneficial to farmers because of a slump in prices because of the bumper harvest.
 
“In hindsight, the price fall in pulses and other crops was justified because of the bumper harvest,” said India government’s Agriculture Secretary S K Pattanayak.
 
The 2016-17 crop year was the previous record for crop production. Rice, wheat, coarse cereals and pulses comprise the foodgrain basket.
 
“As a result of near-normal rainfall during the monsoon of 2017 and various policy initiatives, the country has witnessed a record food grain production in 2017-18,” the ministry said in a statement.
 
The record production has been driven by growth in pulses and the Department of Agriculture estimates that the production of pulses for the crop year 2017-18 reach an all-time high of 25.23 metric tonns which would be 2.1 metric tonns more the final production of 2016-17. This is the second consecutive year that the crop production in India has been at record highs and this has raised hopes that if this trend continues, India could become self sufficient in crops.
 
“Pulses production in all likelihood might not go down below 23 MT in the worst of conditions, but oilseeds output remains a challenge,” another senior official of the agriculture ministry said.

According to a report in The Times of India, this was the fourth and final estimate released by the government.
 
The report also said that the ongoing sowing operations for the summer crops indicates that the year would be a good year for farm crop production even though it might not reach record production highs as was reached last year for this crop season.
 
The production increase has bene achieved despite the total sown area this year being almost the same as last year's, the report claimed. The total sown area under summer crop stood at around 100 million hectares as of Aug. 24, as compared to 100.8 million hectares at this time last year, which is only 1.3 percent less.
 
The report also quoted a Indian government official saying that the storage levels of water in most of the reservoirs and water bodies throughout the country was "quite good" and that would be an aiding factor for farmers this farming season. Additionally, moisture in the soil would be retained for winter crops because of good rains in many parts of India.
 
(Source:www.business-standard.com)






Science & Technology

SpaceX Receives Approval To Create Research & Manufacturing Facility In Los Angeles

JPMorgan: Transition to e-money will be based on blockchain

Tesla In Advance Talks With CATL For Using Lithium Batteries

Financial giants and US government turn to quantum computers

Long Way To Go For Coronavirus Vaccine, Say Drgumakers

Google's subsidiary launches recognition service for photoshopped images

Unapproved Drug For Coronavirus Treatment And Testing Given By Gilead Sciences

Live Facial Recognition Cameras Will Be Used By London Police

Driverless Vehicle For Its Ride-Sharing Service Unveiled By GM’s Cruise

Amazon will allow customers to pay with palms instead of cards

World Politics

World & Politics

Japan’s vice minister will fly to Lebanon to make case for Carlos Ghosn’s return

Compared To China, More New Coronavirus Cases Being Reported From Outside It

EU Informs Britain That It Can’t Slacken EU Climate Goals & Carbon Pricing

France shuts down first reactor of the country's oldest NPP

Coronavirus Outbreak Delays Several Conference And Trade Deals Across The Globe

Germany pledges to fight right-wing extremism after Hanau shooting

Ex-head of Mexican Pemex will be transferred to Madrid prison

China Releases First Detailed Study Of Coronaviurs Attack, Finds Elderly At Most Risk