Foodgrain output revised upward by 2% to 255.36 million tonne
Moneylife Digital Team 03 May 2013

Despite upward revision in the Third Advance Estimate released today, foodgrain production will be lower than the previous year's record 259.32 MT on account of the drought in Maharashtra, Karnataka, Gujarat and Rajasthan on account of poor monsoon last year

India’s foodgrain production has been revised upwards by over 5 million tonne (MT) to 255.36 MT in 2012-13 crop year from earlier estimates on account of higher output of rice, wheat and coarse cereals, according to the data released by the agriculture ministry.

 

The foodgrain output for 2012-13 crop year (July-June) was projected at 250.14 MT in the second advance estimates released in February.

 

Despite upward revision in the third estimate released today, foodgrain production will be lower than the previous year's record 259.32 MT.

 

This is because of drought in Maharashtra, Karnataka, Gujarat and Rajasthan on account of poor monsoon last year.

 

According to 3rd Advance Estimate, rice production has been revised upwards to 104.22 MT for 2012-13, from 101.80 MT in 2nd advance estimate. It is still lower than previous year's record 105.31 MT.

 

Similarly, wheat production has been pegged higher at 93.62 MT in 2012-13 from earlier estimate of 92.3 MT, but is lower than the record 94.88 MT in the previous year.

 

Pulses production, too, has been revised slightly upwards to 18 MT from 17.58 MT in February estimates. In the 2011-12 crop year, pulses output stood at 17.09 MT.

 

The production of coarse cereals has been pegged higher at 39.52 MT in 2012-13, from the earlier estimates of 38.47 MT. In 2011-12 crop year, the coarse cereals output stood at 42.04 MT.

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