Foodgrain production hits record high of 303.34 million tonnes in 2020-21

As per the second advance estimates of production of principal crops for year 2020-21, major crops in India have managed a record production of 303.34 million tonnes of food grains, 5.84 million tonnes higher than the production of foodgrain achieved during 2019-20.

February 18, 2021

The production of foodgrain during 2020-21 is higher by 24.47 million tonnes than the previous five years’ (2015-16 to 2019-20) average production.

Rice, wheat, and maize have also hit record production levels of 120.32 million tonnes, 109.24 million tonnes, and 30.16 million tonnes respectively.

The second advance estimates of production of principal crops is released by the Union Ministry of Agriculture and Farmers’ Welfare.

The exports of agricultural commodities recorded a year-on-year jump of over 23% last year, while agricultural imports declined from 5.7% to 4.9%.

As per the second advance estimates of production of principal crops for year 2020-21, major crops in India have managed a record production of 303.34 million tonnes of food grains, which clearly outlines the tireless hard work of farmers, research by agricultural scientists, and farmer-friendly policies of the Central Government. This is 5.84 million tonnes higher than the production of foodgrain achieved during 2019-20, which stood at 297.50 million tonnes. Further, the production of foodgrain during 2020-21 is higher by 24.47 million tonnes than the previous five years’ (2015-16 to 2019-20) average production.

Apart from foodgrain, rice, wheat, and maize have also hit record production levels of 120.32 million tonnes, 109.24  million tonnes, and 30.16 million tonnes respectively. The record production is especially significant in light of the COVID-19 pandemic. The second advance estimates of production of principal crops is released by the Union Ministry of Agriculture and Farmers’ Welfare, and the assessment of production of different crops is based on the data received from the states, while being validated with information available from other sources. 

Agriculture, the largest employment generator in India, has long remained the key strength of the Indian economy. The exports of agricultural commodities from India recorded a year-on-year jump of over 23 per cent during March 2020 to June 2020 to reach US$3.4 bn as per an official report in August 2020. Simultaneously, agricultural imports as a percentage of India’s agricultural GDP has declined from 5.7 per cent to 4.9 per cent, indicating exportable surplus and decreased dependence on the import of agricultural products in India. In August 2020, Prime Minister Shri Narendra Modi launched a new central sector scheme for financing under the Agriculture Infrastructure Fund worth US$ 13.4 bn. The scheme will support farmers, PACS, FPOs, Agri-entrepreneurs, etc, in building community farming assets, and post-harvest agriculture infrastructure.

Through the lockdown imposed in the wake of COVID-19, farm activity remained by and large unaffected. Additionally, with several migrant workers returning to native villages and towns, the sector was bolstered. Self-reliance in agriculture is critical for the goal of building an Atmanirbhar Bharat (self-reliant India), and the reducing reliance on imports and increasing value of exports will go a long way in realizing India’s goal of becoming a US$ 5 trillion economy in the next 5 years.

Recent Articles

Indian banks among Asia’s top 50 banks: Report

April 19, 2024

According to a report by S&P Global Market Intelligence, three …

Read More

India’s mobile phone exports reach US$ 15 bn.

April 18, 2024

India’s mobile phone exports surged by over 35% to a …

Read More

India’s economy to grow at 8 to 8.3%: PHDCCI

April 18, 2024

According to the PHD Chamber of Commerce and Industry (PHDCCI), …

Read More