Business Standard

Statsguru: Six charts show India may see another bumper crop year

Wheat procurements may fall this year as exports and the private market have become more lucrative


The wheat procurement had increased 50 per cent last year, as per Food Corporation of India (FCI) data, but rice and paddy procurement was down 16 per cent each

Ishaan Gera
The Indian Meteorological Department has announced that monsoon rainfall this year would likely be 99 per cent of the long-period average. 

As India expects another year of normal monsoon, it is likely to breach the foodgrain production record. For the last three years, rainfall has been either normal or above normal (chart 1). This and a spurt in prices have helped increase grain and pulses production.

As per data, foodgrain and pulses production was at a decadal high in 2021-22. While foodgrain production had increased to 316.1 million tonnes, pulses production touched 27 million tonnes in 2021-22 (chart 2).

The government has set

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First Published: May 02 2022 | 6:10 AM IST

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