Despite the government estimating a lower kharif production due to uneven distribution of rains, the summer crop output is expected to be “healthy”, as last year was a bumper year in terms of acreage and output.
According to CRISIL, the projected decline in kharif production is due to a sharp increase in both the sowing area and production of most crops last year.
As compared to last year, sowing as of September 29, was lower for foodgrain and oilseeds, Crisil report said today.
The government's first advance estimates suggest kharif production could be 2.8 per cent lower on-year for foodgrain and as much