Paddy sowing reduced by 17 percent due to indifference of monsoon, will rice be as expensive as wheat?

Highlights

Till July 15, rice was sown in only 128.50 lakh hectares in the country.
As of July 1, 47.2 million tonnes of rice was lying in government godowns.
Rice accounts for 40 percent of the total food grain production of the country.

New Delhi. The fresh monsoon rains have given impetus to the sowing of Kharif crops. Due to the recent rains, the area sown under Kharif crops has exceeded last year’s figure. But, due to less rainfall in the major rice producing areas of the country, rice sowing has lagged behind this time. Till July 15, rice was sown in only 128.50 lakh hectares in the country. This is 17.4 per cent less than last year’s 155.53 lakh hectares.

Due to less sowing in the country, there is a possibility of shortage of rice. But, agricultural experts and market experts say that there is no need to worry too much about the low sowing of rice. There is sufficient stock of rice in the country and sowing season is not over yet. Monsoon is still active in the country and the Meteorological Department has expressed the possibility of good rains in the major rice producing areas in the coming time. This will increase the sown area.

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stores are full
According to a report by the Indian Express, 47.2 million tonnes of rice was lying in government godowns in the country till July 1. This is three and a half times more than the total annual requirement. Rice stock is almost close to last year’s high. But, the way the wheat stock has declined in the country due to less production in just one season, market experts are not considering the reduction in rice sown area as a good sign. In 2022, due to low production of wheat in the country due to heat wave, the country’s wheat stock came straight from the all-time high to the lowest level of 14 years.

main crop is rice
Rice occupies a prominent place in the cultivation of India. The share of rice in the total food grains of the country is 40 percent. Not only this, India is also the world’s largest exporter of rice. In the financial year ending March 2022, India exported 21.21 metric tonnes of rice. But if for any reason there is a shortage of rice in the country and it has to be imported, then it will be very difficult for India. The reason for this is that India accounts for 40 percent of the global rice trade. Therefore, importing rice in case of shortage will be a challenging task for India.

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Why backward sowing?
Monsoon this time in the country has been good so far. But, there has been very little rain in many areas of Uttar Pradesh and West Bengal. Western UP has received 55.5 per cent less rainfall than normal, 70 per cent in eastern UP, 45.8 per cent in Bihar and 45.1 per cent in the Gangetic plains of West Bengal. Due to deficient rains, farmers in UP have planted paddy in only 26.98 lakh hectares till July 15. Last year, 35.29 lakh hectares were sown in this period. Similarly, paddy has been sown in 8.77 lakh hectares in Bihar, 4.68 lakh hectares in West Bengal and 2.93 lakh hectares in Jharkhand.

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How serious is the situation?
The Indian Meteorological Department says that the monsoon is still active in the country and in the coming time, apart from other parts of the country, there is a possibility of good rains in the Gangetic plains. This will increase the area under rice cultivation. Second, rice is grown over a large area of ​​the country. Also, it is cultivated in both Kharif and Rabi seasons. Therefore, at present, there is no need to worry much about rice in the country. Because, if there is less production of rice in one region or season, then it can be compensated from other region or next season.

Tags: business news in hindi, inflation, monsoon, Rice, Wheat crop

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