Demand-Supply Trends and Projections of Food in India
AbstractThe present paper presents the supply and demand trends of rice, wheat, total cereals, pulses, edible oil/oilseeds and sugar/sugarcane. It provides the demand and supply projections for food items during 2011, 2021 and 2026. These projections have been based on change in productivity levels, changes in price, growth of population and income growth. A comparison with projections provided by other scholars has also been made in the paper. Subsequently, the future supply-demand gap has been discussed in the light of policy requirements. It is concluded that an increase in total demand is mainly due to growth in population and per capita income. A diversification in consumption basket significantly away from cereals has been observed. On the supply side, production is constrained by low yield growths. This is more specific in context of total cereals and sugarcane. While in the short and medium term, there might be surplus of cereals in the country, these prospects are likely to diminish in the years to come. This situation is even more alarming for edible oil, sugarcane and pulses. To meet the future food requirements, the country shall have to either increase agricultural production, or depend on imports. In this light, the paper suggests that the policy focus needs to be laid, towards productivity enhancement in agriculture, through public investment in irrigation, development of roads, research and extension.
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Bibliographic InfoPaper provided by East Asian Bureau of Economic Research in its series Macroeconomics Working Papers with number 22228.
Date of creation: Jan 2008
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Demand Projection; Supply Projection; India; Food grains;
Other versions of this item:
- Surabhi Mittal, 2010. "Demand-Supply Trends and Projections of Food in India," Working Papers, eSocialSciences id:2703, eSocialSciences.
- Q11 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Aggregate Supply and Demand Analysis; Prices
- Q18 - Agricultural and Natural Resource Economics; Environmental and Ecological Economics - - Agriculture - - - Agricultural Policy; Food Policy
Please report citation or reference errors to , or , if you are the registered author of the cited work, log in to your RePEc Author Service profile, click on "citations" and make appropriate adjustments.:
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- Surabhi Mittal, 2006.
"Structural Shift in Demand for Food - Projections for 2020,"
Macroeconomics Working Papers, East Asian Bureau of Economic Research
22223, East Asian Bureau of Economic Research.
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- Surabhi Mittal, 2010. "Application of the Quaids Model to the Food Sector in India," Journal of Quantitative Economics, The Indian Econometric Society, The Indian Econometric Society, vol. 8(1), pages 42-54, January.
- Muhammad, Kabeer & Asghar, Zahid, 2012. "Multi-facet approach for food security in Pakistan," MPRA Paper, University Library of Munich, Germany 42891, University Library of Munich, Germany.
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