Government Forecasts Record Food Grain Output in the Crop Year of 2018
Crop production forecasts are commonly understood as an important tool in preparing the food balance sheets of the country. They also give a fair idea regarding food production shortfalls.
So when the Agriculture Ministry, Government of India forecasts a record food grain output in this crop year ending in June 2018, in view of the good rainfall received in the country, the clouds of food price inflation and temporary food insecurity recede. Rice production is pegged at 1.2% higher than last year at 110.11 million tonnes. How accurate will this forecast be? Only time will tell.
By the way, India ranks 66 in the Global Food Security Index of 2012, despite PDS.