India's rice production is likely to decline by 6 per cent to 104.99 million tonnes in the kharif season this year due to a fall in paddy acreage amidst rainfall deficit in key producing states, including Jharkhand, Madhya Pradesh and West Bengal. The agriculture ministry has released the first advance estimates for kharif season of 2022-23 crop year (July-June).
Rice production stood at 111.76 million tonnes in kharif season of 2021-22 crop year. Foodgrain production is estimated to drop at 149.92 million tonnes in the kharif season for 2022-23 as against 156.04 million tonnes in the previous season.
Sowing of paddy, the main kharif crop, has declined by nearly 19 lakh hectares as on September 16 to 399.03 lakh hectares, as compared to 417.93 lakh hectares in the year-ago period. Sowing in the kharif season begins with the onset of the southwest monsoon from June and harvesting from October onwards.
The paddy acreage has declined mainly in Jharkhand by 9.37 lakh hectares, followed by Madhya Pradesh (6.32 lakh hectares), West Bengal (3.65 lakh hectares), Uttar Pradesh (2.48 lakh hectares) and Bihar (1.97 lakh hectares). About 85 per cent of India's total production comes from this season.
Discover the latest Business News, Sensex, and Nifty updates. Obtain Personal Finance insights, tax queries, and expert opinions on Moneycontrol or download the Moneycontrol App to stay updated!
Find the best of Al News in one place, specially curated for you every weekend.
Stay on top of the latest tech trends and biggest startup news.