Incorporating International Best Practices in The Preparation of Agricultural Outlook and Situation Analysis Reports for India - Phase II: FAO/UNDP July- Sept, 2013

Incorporating International Best Practices in The Preparation of Agricultural Outlook and Situation Analysis Reports for India - Phase II: FAO/UNDP July- Sept, 2013

This report provides an assessment of the kharif season output for the current year. It also provides a review of the trends in prices, trade and emerging supply-demand balances of the major food commodities for 2013–14. The report also offers a review of the prevailing global supply-demand conditions and its implications for India.

The prospects of a strong agricultural growth performance in 2013–14 have improved with a favourable monsoon in the current year. The Prime Minister's Economic Advisory Council has projected a growth of 4.8 per cent for GDP from agriculture and allied sectors in 2013–14 as compared to 1.9 per cent in 2012–13. As the economic activity at the overall level is expected to register about the same pace of growth in the current year as in 2012–13, contribution from agriculture towards sustaining overall economic growth would
be significant.

The heavy rains and floods following the cyclone in eastern region of the country have been adversities in the crop season. The heavy rains and floods in Uttaranchal in the early part of the monsoon season took heavy toll on life and property. The high food inflation experience of the recent year and a half has both supply and
demand side explanations. There are cost push elements such as the rise in input prices and demand pull elements such as the rising demand for fruits, vegetables and livestock products. There will be a need to push for increased production and also investments in post-harvest marketing, and management of food commodities to reduce losses and improve efficiency of supply chains.

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