India’s agriculture output was expected to rise 3.8 per cent in 2011-12 on assumption of favourable weather conditions, the Centre for Monitoring Indian Economy (CMIE) said in its monthly review here.
“We project that agricultural output will grow for the second consecutive year in 2011-12. It is expected to rise 3.8 per cent, over an estimated 6.5 per cent growth in 2010-11,” CMIE said.
Our projections are based on the assumption that weather conditions will be favourable during the financial year. Production of major crops was projected to grow 3.1 per cent in 2011-12, while output of minor crops was estimated to expand five per cent, it said.
Foodgrain production is set to grow by 3.7 per cent to 236.9 million tonnes in 2011-12. It will surpass the record 234.5 million tonnes achieved in 2008-09. The output of rice and wheat will power this growth.
