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India Set To Produce Record Wheat Output Of 88.31 Mt In FY12: Pawar (18-Feb-2012)

Indian-Commodity  :  Commodity-Market >> Other Commodities  :  India Set To Produce Record Wheat Output Of 88.31 Mt In FY12: Pawar
India Set To Produce Record Wheat Output Of 88.31 Mt In FY12: Pawar
India set to produce record wheat output of 88.31 million tonnes in the 2011-12 crop year (July-June) against 86.87 mt in the previous year. At the current levels of production meeting the requirement of National Food Security Bill should not be a problem, as per the Agriculture Minister, Sharad Pawar.

The country's total foodgrains production is expected to touch a record 250 mt this year due to policy initiatives adopted in the last two years especially in eastern states. However, the Minister stressed that there should be continuity in production of foodgrains at higher levels to sustain the implementation of the proposed Food Bill.

Horticulture is also expected to do well, however the domestic production of pulses is trailing behind the increasing demand. Till 2009-10, the country's production of pulses remained at a level of 14 mt against the annual demand of about 18 mt. However in 2010-11, the domestic output improved to 18.24 mt. This year, domestic pulses output is expected to reach 16.5-17mt but still there will be a small gap and will probably be met through imports.

On sugar sector, Pawar has said that at current level of production, exports are necessary to ensure good price to the farming community. Sugar production in India, the world's second biggest producer but the largest consumer, is pegged at 26 mt in the 2011-12 marketing year (October-September) against the annual demand of 22 mt.
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