Total milk production registers a growth of 4.7% during 2017-18 (Summer)

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Capital Market
Last Updated : Jan 16 2018 | 2:31 PM IST
The Milk production in the country during 2016-17 has achieved a remarkable progress by showing 20.13% growth as compared to 2013-14. Further, the production have been estimated to be increased by 6.4% in 2016-17 over 2015-16. In past the growth rate has been 6.3% in 2014-15; 6.3% in 2015-16 and 6.4% in 2016-17. Thus, there is concurrent high growth rate maintained over the past three years. Aligning with this progressive picture, in the current year (2017-18) also the Dairy sector gradually picking up its momentum towards the projected target of National Action Plan for Dairy Development.

As regards to seasonal estimation, the total milk production has increased from 51.33 Million Tonnes during 2016-17 (Summer) to 53.77 Million Tonnes during 2017-18 (Summer) registering a growth 4.7%. The same is comparatively higher than the growth rate of summer season 2015-16 to 2016-17 (3.9%). Thus, even during the summer season 2017-18 the growth rate is higher and sustained.

The first five highest milk producing States during Summer Season 2017-18 are Uttar Pradesh, Rajasthan, Gujarat, Madhya Pradesh, and Andhra Pradesh.

Egg Production: The total Egg production in the country during 2016-17 has been reported as 88.1 Billion showing a growth rate of 12.3% over 2013-14. Further, the productions have been estimated to be increased by 6.3% in 2016-17 over 2015-16. In past the growth rate has been 5.0% in 2014-15; 5.7% in 2015-16 and 6.3% in 2016-17. Thus, there is consistent improvement in the growth rate of Egg production during the past three years.

As regards to seasonal estimation, the total egg production has increased from 26.03 Billion during 2016-17 (Summer) to 27.95 Billion during 2017-18 (Summer) registering a growth 7.4%. The same is comparatively higher than the growth rate of summer season 2015-16 to 2016-17 (5.5%). Thus, even during the summer season 2017-18 the growth rate is higher and sustained. The production of egg is largely contributed by commercial poultry farms with nearly 80.83% and remaining production is from household/backyard poultry.

The first five highest eggs producing States during Summer Season 2017-18 are Tamil Nadu, Andhra Pradesh, Telangana, West Bengal and Haryana.

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First Published: Jan 16 2018 | 2:03 PM IST

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