India`s summer-sown rice output expected at more than 100 million tonnes in 2023-24
Follow us Now on Telegram ! Get daily 10 - 12 important updates on Business, Finance and Investment. Join our Telegram Channel
https://t.me/InvestmentGuruIndiacom
Download Telegram App before Joining the Channel
India's summer-sown rice output, which accounts for more than 85% of its annual production, is expected to total 106.3 million tonnes in the 2023-24 crop year, the agriculture ministry said in its first production estimate.
The country's overall summer-sown grains output is expected at 148.6 million tonnes in the 2023-24 crop year that began in July, it said in a statement.
The ministry said it expects output of summer-sown pulses for the period at 7.1 million tonnes, lower than the previous year due to climatic conditions.
The country also estimated an output of 21.5 million tonnes of oilseeds, 434.8 million tonnes of sugarcane, 22.5 million tonnes of maize and 31.7 million bales of cotton for the year 2023-24.
India recently imposed a major rice export ban, highlighting the sensitivity of the government of Prime Minister Narendra Modi to food inflation ahead of a general election next year.
