Millennium Post

Production of major crops to dip by 2.3% this fiscal, says CMIE

Output of major crops, both food and non-food, is expected to decline by about 2.3 per cent in 2012-13 as sowing has remained sluggish, economic think tank CMIE has said.

‘Production of major crops is projected to decline in 2012-13. A fall in output of both food and non-food crops is expected to dip by 2.3 per cent,’ Centre for Monitoring Indian Economy said in its monthly report.

Kharif acreage continued to remain sluggish as of 28 September, and sowing dipped by 5.5 per cent to 971 lakh hectares, it pointed out.

The report projects a fall of 4.6 per cent in kharif foodgrain production in 2012-13.

Next Story
Share it