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LATEST NEWS UPDATES | Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes -Sayantan Bera

Good news from the farm as India’s FY22 foodgrain production estimated at record 316 mn tonnes -Sayantan Bera

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published Published on Aug 17, 2022   modified Modified on Aug 18, 2022

-Livemint.com

Wheat production estimate sees marginal upward revision to 106.8 million tons, though current rate lowest in 3 years.

New Delhi: Production of foodgrain in India — comprising rice, wheat, coarse grains and pulses — is estimated at a record 315.7 million tonnes in 2021-22, shows the fourth advance estimates released by the Agriculture Ministry on Wednesday.

According to the latest numbers, wheat production is revised upwards, though marginally, from 106.4 million tonnes (as per the third advance estimate released in May) to 106.8 million tonnes in 2021-22.

However, current wheat production is estimated to be the lowest in three years, and 2.5% lower than 109.6 million tonnes produced in the previous year (2020-21).

According to the agriculture ministry, production of rice and pulses, at 130.3 million tonnes and 27.7 million tonnes respectively, was at a record high in 2021-22.

Apart from foodgrain, the Agriculture Ministry also estimates oilseeds production at a record 37.7 million tonnes.

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Livemint.com, 17 August, 2022, https://theprint.in/economy/good-news-from-the-farm-as-indias-fy22-foodgrain-production-estimated-at-record-316-mn-tonnes/1086808/?fbclid=IwAR1M7LmI6_ehRduxLazcwf0PihuZQe7qP49Sgp6UszRuLNwSYuVSZcEslKc


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