Trends in Production and Comparison of Cost of Production and Minimum Support Price of Coarse Cereals
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Author:K.R. Ashok and C. Sasikala
p-ISSN:0024-9602, e-ISSN:2582-5321, Vol:98, Issue:apr-jun
DOI: https://doi.org/10.29321/MAJ.10.100275
Abstract
In the rainfed regions of the country coarse cereals form the staple diet of the majority of the
poor. Keeping in view of the importance of coarse cereals, this study estimates the Compound
Growth Rate (CGR) of area, production and productivity of major coarse cereals and analyzes
the trends in cost of production of coarse cereals and the Minimum Support Price (MSP)
announced by the Government. The study is based on time series data on area, production
and productivity of coarse cereals (bajra, maize, ragi, jowar) from 1970-71 to 2007 - 08. The 38
years data were classified at decadal intervals and the decadal trends in area, production and
productivity were analyzed through CGR. The data on cost of cultivation and MSP were collected
from the reports of Commission on Agriculture Costs and Prices, Government of India and
compared. The difference between MSP and cost of production was highest in ragi followed
by cumbu, maize and Jowar.
Key words : Coarse cereals, production trends, cost of production