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'Foodgrain Output Likely To Touch New Record Next Crop Year'

Monday, May 22, 2017
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NEW DELHI: Foodgrain output is likely to touch a new record in the 2017-18 crop year to begin from July, on hopes of a normal monsoon for the second straight year, Agriculture Minister Radha Mohan Singh said today.

Foodgrain production is estimated to be at an all-time high at 273.38 million tonnes (mt) in the current 2016-17 crop year (July-June) on account of good rains after two years of drought, as against 251.57 mt last year. The previous record was 265.04 mt in 2013-14.

The foodgrain basket comprises rice, wheat, coarse cereals and pulses.

“The Met department has forecast a normal monsoon for this year. If the monsoon is good, I am confident that foodgrain output will be at a record again and boost the growth rate to more than the 4.4 pct achieved in 2016-17,” Singh said while sharing the government’s achievements in the farm sector in the last three years.

The Met department forecast was accurate last year and “we hope it will be accurate this year as well,” he said.

The Southwest monsoon, vital for farm output and economic growth in India, hit the Andaman and Nicobar islands three days early on May 14 and it remains to be seen if it will reach Kerala ahead of schedule, he added.

The Agriculture Ministry has set the foodgrain output target at a record 273 mt for the 2017-18 crop year and expects to achieve 4 per cent farm sector growth following the prediction of a normal monsoon.

About 50 per cent of the foodgrain output comes from both kharif (summer) and rabi (winter) seasons. The sowing of kharif crops such as paddy and pulses will begin with the onset of the Soutwest monsoon.

Read Also:
GST To Help Improve India's Exports: Sitharaman
India's GDP Growth To Be Around 7.4 Pct In 2017-18: FICCI Survey


Source: PTI
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