Sugarcane production to fall 17 MT below demand by 2012
JimAndaz.com - India News and Events of India
Advanced Search
 
Regional News RSS Feed
Home > Business > Commodities > Sugarcane production to fall 17 MT below demand by 2012
Sugarcane production to fall 17 MT below demand by 2012
 

New Delhi: The sugarcane production of India is likely to fall short of the demand by 17 million tonnes (MT) at the end of this Plan period (2007-2012) from a surplus supply of 14 MT now, according to the Planning Commission.

The country is likely to produce 305.51 million tonnes of cane during 2011-12, compared with the consumption of 322.54 million tonnes, Minister of State for Commerce and Industry Jyotiraditya Scindia said in a written reply in the Lok Sabha on July 20, citing a working group report of the Planning Commission.

Cane production touched 289.23 million tonnes in 2008-09 against the demand of 275.91 million tonnes. The projection can further dent the demand-supply matrix of sugar, the production of which is estimated to slump by a whopping 1.1 million tonnes in the 2008-09 season, ending September.

The report added that even the gap between the production and consumption of oilseeds may widen to the extent of declining to almost half of demand by 2012.

Oilseed production is projected to fall to 27.53 million tonnes, compared with the requirement of 53.39 million tonnes. India produced 28.13 million tonnes of oilseeds in 2008-09, compared with demand of 47.43 million tonnes.

Currently, about 40 per cent of India’s annual domestic requirement for vegetable oils is met through imports.

However, the silver lining is that the supply of foodgrains is likely to remain higher at 239.30 million tonnes against the demand of 234.26 million tonnes by 2012 on good output of both rice and wheat.

The production of pulses and coarse cereals may still lag at 15.73 million tonnes and 35.75 million tonnes against the consumption of 19.91 million tonnes and 38.19 million tonnes, respectively.

But the supply of rice at 104.21 million tonnes is likely to exceed the demand of 98.79 million tonnes while wheat output may touch 83.61 million tonnes against the requirement of 77.36 million tonnes.
Posted On : 20 Jul 09
Latest Commodities News
India to extend cotton export deadline by one month
NAFED Ready to undertake procurement of oilseeds and pulses
Government embarks upon ambitious plan involving all textiles
Government assesses total production, consumption of cotton before export
Bakery products a major draw among the middle class
Onion prices start moderating, likely to fall further
MSP of Toria for 2010-11 season fixed at Rs. 1780/Quintal
Government takes steps to contain price rise in essential commodities
Volume of trade in agri- commodities increases by 102.59%
New fertilizers included under FCO after ICAR recommendations
Procurement of rice crosses 100 lakh tonne mark
Minimum Export Price of onions to restrict exports
Groundnut oil demand continues to strengthen
Kharif production estimated at 114.6 Million tonnes
Gold coin sales boom for post offices
Press Release Submission Free
Submit your Press Release related to corporate news, announcements and events absolutely FREE of cost & reach out masses. Learn More...
 
Top Indian News
Turner in talks with Sahara Prime on Joint Venture ...
The 'acid' factor in food ...
Sure shot ways to burn fat, fast! ...
Shreya and Rajendra in Mi, Aaji Aur Saheb on ...
Shabana Azmi, Dharmendra, Mira Nair to receive Padma Bhushan ...
PNY Reveals HP V112b Tiny USB Flash Drive ...
Indian airlines, private operators likely to add 1,000 aircraft ...
IGNOU gets a new and improved website ...
Hungary keen to sign Bilateral Air Services Agreement with ...
HRD ministry preparing citizen's charter ...
More...
Sugarcane production to fall 17 MT below demand by 2012
Tags | About Us | Sitemap
Copyright © 2009 Jupiter Infomedia Pvt. Ltd. All rights reserved including the right to reproduce the contents in whole or in part in any form or medium without the express written permission of Jupiter Infomedia Pvt. Ltd.