The unwanted rains, that recently lashed the major agrarian states of northern India, including Himachal Pradesh, Haryana, Punjab, Rajasthan, Uttar Pradesh and Uttarakhand, may hit the production of Rabi crop by 15% and force food inflation to double digits trajectory once again, reported in an analysis conducted by PHD Chamber of Commerce and Industry (PHDCCI).
The production may fall short of estimates by 20 million tonnes. According to second advance estimates, production of Rabi crops in India is estimated at around 135 million tonnes during 2013-14 which may not be materialised due to rains.
The production may fall to the level of 115 million tonnes against the estimates of 135 million tonnes in 2013-14, explained the report.
It also explained that vital Rabi crops such as wheat, barley, oilseeds, sunflower, pulses, including gram, peas, masoor, beans and vegetables such as peas, cabbage, cauliflower, turnip, carrot have been severely affected by widespread rains and strong winds.
“The fall in food grain production scenario may stoke food inflation as the demand-supply gap in various food items is already on the borderline. A marginal shortfall in a particular food item may cascade the overall food prices scenario and push food inflation in the double digits trajectory once again,” said Sharad Jaipuria, president PHDCCI.