The Growth and Trend of Food Grains Production in the Post Liberalization Period
Keywords:
Agriculture, Production, Cereals, Food GrainsAbstract
Around 17% of the country's GDP and more than 60% of the workforce are employed in agriculture, which contributes significantly to the Indian economy. The goal of the study is to analyse the growth and trend of food grain production in the agricultural sector. To achieve this goal, we used secondary data, which were collected from the Ministry of Agriculture and Farmers' Welfare of the Government of India and the Reserve Bank of India's Handbook of Statistics on the Indian Economy-2020-21.Rice production decreased from this period's 746.8 to 1044.1 tonnes, wheat increased from 556.9 to 922.9 tonnes, coarse cereals decreased from 259.9 to 385.2 tonnes, pulses increased from 120.2 to 163.5 tonnes, total cereals decreased from 1563.6 to 2352.2 tonnes, and total food grains decreased from 1683.8 to 2515.7 tonnes. There were 896.652 tonnes of rice, 747.248 tonnes of wheat, 349.008 tonnes of coarse cereals, 144.992 tonnes of pulses, 1992.912 tonnes of total cereals, and 2137.908 tonnes of total food grains produced in the agricultural sector.Rice has a compound annual growth rate of 0.015, wheat has a rate of 0.022, coarse cereals have a rate of 0.017, pulses have a rate of 0.0134, overall cereals have a rate of 0.017, and total food grains have a rate of 0.0176, respectively. the trend line for rice, wheat, coarse cereals, and pulses; rice's growth rate was 12.942 and its intercept was 25039, indicating a strong positive link between rice production and these variables.