Is maize the new wonder crop after wheat and rice

For the first time, govt has an MSP for maize, which is equivalent to paddy at Rs 1,350 per quintal for 2013 crop to encourage farmers to grow more crop

Sanjeeb Mukherjee New Delhi
Last Updated : Aug 09 2013 | 3:57 PM IST
After wheat and rice, the next big thrust to Indian farming is expected to come from maize (corn). For the first time, the government has a MSP for maize which is equivalent to paddy at Rs 1,350 per quintal for the 2013 crop to encourage growers to plant more of the crop. 

The crop has been included in the government’s ambitious Rs 500 crore crop diversification strategy for North Indian states of Punjab, Haryana and western Uttar Pradesh. 

Its exports also for the first time ever has reached a record around 5 million tonnes in 2013-14 up 24% from previous years, which has made India one of the biggest exporters of the commodity. In India maize is cultivated largely in Karnataka, Maharashtra and Andhra Pradesh.

“Maize I feel is a crop which could help Indian  farmers in many ways and can be a good and profitable alternative to paddy,” eminent agriculture economist and Chairman of Commission for Agriculture Costs and Prices (CACP) Ashok Gulati told Business Standard. 

He said government should provide some incentive other than price support mechanism to encourage farmers to grow maize as it has ready use in starch and feedmeal industries. India’s annual maize production  is around 21-22 million tonnes.

World over maize is the biggest cereal consumed, more than even wheat and rice.
 
 
*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Aug 09 2013 | 3:38 PM IST

Next Story