India’s foodgrains production to touch record 295.67 MT in 2019-20 crop year

By: |
May 15, 2020 3:38 PM

Record output is estimated in rice, wheat, coarse cereals, oilseeds and cotton during the 2019-20 crop year (July-June), it said.

This is up by 10.46 million tonne from previous year.This is up by 10.46 million tonne from previous year.

India’s foodgrains production is estimated to touch a record 295.67 million tonne in 2019-20 crop year — the fourth consecutive year that the country has witnessed record production — buoyed by good rains, according to Agriculture Ministry’s latest data.

This is up by 10.46 million tonne from previous year.

Record output is estimated in rice, wheat, coarse cereals, oilseeds and cotton during the 2019-20 crop year (July-June), it said.

Releasing the third advance estimate, the ministry said total foodgrains production in the country is estimated at record 295.67 million tonnes which is higher by 10.46 million tonnes than the production of foodgrain of 285.21 million tonnes achieved during 2018-19.

Rice and wheat production is estimated to be a record 117.94 million tonne and 107.18 million tonnes, respectively this year, it added.

Do you know What is Cash Reserve Ratio (CRR), Finance Bill, Fiscal Policy in India, Expenditure Budget, Customs Duty? FE Knowledge Desk explains each of these and more in detail at Financial Express Explained. Also get Live BSE/NSE Stock Prices, latest NAV of Mutual Funds, Best equity funds, Top Gainers, Top Losers on Financial Express. Don’t forget to try our free Income Tax Calculator tool.

Financial Express is now on Telegram. Click here to join our channel and stay updated with the latest Biz news and updates.

Next Stories
1Purchase fee row: Punjab refuses to pick up the gauntlet thrown by Centre
2Payment deadline for Vivad se Vishwas scheme extended
3DPIIT releases next edition of consolidated FDI policy