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Foodgrain output may dip by 3.5% to 250 mt in FY13

The overall foodgrains production is expected to dip by 3.5 per cent to 250.1 million tonnes (mt) in 2012-13 due to estimated fall in kharif production, following weak monsoon, economic think tank CMIE has said.

‘The food grain production is estimated to fall by 3.5 per cent to 250.1 mt in FY13. Irregular monsoon rainfall in 2012 had taken a toll on kharif cultivation and productivity. The decline in production is estimated in food grains, oilseeds, sugarcane and fibres,’ Centre for Monitoring Indian Economy (CMIE) said in its monthly report.
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