Statistical Study on Food Grains Demand and Supply in India

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Statistical Study on Food Grains Demand and Supply in India

November 14, 2020 AGRICULTURE 0

In India, agricultural development policies have been aimed at reducing hunger, food insecurity, malnutrition and poverty at a rapid rate since independence in 1947. India accounts for 17% of the world’s population, with a population of 1.11 million. In terms of customers, its population is always greater than the average size of other nations, with the exception of China. India’s state of food shortage and malnutrition is of great importance to the global situation. In this present analysis, the predicted population and development of food grains are investigated using the ARIMA model and forecast decision-making. The projection of demand is also calculated using the near-ideal demand method (AIDS). This paper presents the status of demand-supply gaps. Total food grain production is projected to rise by 281.12 Mt in 2020, and the population will be 1345 million. Demand-supply scenarios currently present an alarming situation, especially in the case of pulses. The demand-supply difference for pulses is going to be more adverse, affecting our food and nutritional protection considerably. The demand for pulses will be 22.92 Mt in 2020, while the supply of pulses will be 19.68 Mt in that year. It is therefore reported that the demand-supply difference of pulses is negative. In order to boost technology, the improved process minimises the demand-supply gap in India for pulses.

Author(s) Details

Dr. Soumik Ray
Department of Agricultural Economics and Statistics, Centurion University of Technology and Management, MSSoA, Gajapati, Paralakhemundi- 761211, Odisha, India.

Dr. (Mrs.) Banjul Bhattacharyya
Department of Agricultural Statistics, Faculty of Agriculture, Bidhan Chandra Krishi Viswavidyalaya, Mohanpur, Nadia-741252,

West Bengal, India.

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