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HomePosts Tagged "production"
Acquaculture, AgroPolicy, India, Live Stock

The total export of fish and related products is Rs 63,969.14 crores in the year 2022-23

The inland fish production has shown rapid growth from 2014-15 to 2022-23. Inland fish production increased from 66.87 lakh tonnes in 2014-15 to 131.13 lakh tonnes in 2022-2023. This information was given by Parshottam Rupala, Union Minister of Fisheries, and Animal Husbandry & Dairying in a written reply to Lok Sabha.

The total export of fish and related products is Rs 63,969.14 crores in 2022-23 against Rs 46,662.85 crores in 2019-20. 

During the last three financial years (FY 2020-21 to FY 2022-23) and the current financial year (2023-24), a central budget of Rs 4810 crore has been allocated for the implementation of Pradhan Mantri Matsya Sampada Yojana (PMMSY) and out of this budgetary allocation, a sum of Rs 3345.28 crore has been released to various State Governments/Union Territories and other implementing agencies for development of fisheries and aquaculture sector.

The share of the Fisheries sector in the total Gross Value Added (GVA), at constant prices, in 2021-2022 is Rs 1,47,519 crores constituting about 1.07 per cent of the total national GVA and 6.86 per cent of Agricultural GVA.

As reported by the Directorate General of Commercial Intelligence & Statistics, the total import of fish and related products is Rs 1,949.51 crores in 2022-23, against the import of Rs 1,271.11 crores in 2019-20.

The total export of fish and related

Foodgrains, India

Global trade in cereals in 2023-24 is forecast at 469 million tonnes, a 1.6 per cent contraction from the preceding year

Global cereal production this year is forecast to reach a record 2.81 billion tonnes, according to the Food and Agriculture Organisation of the United Nations’ latest Cereal Supply and Demand Brief released on Nov. 3.

Of note was higher projected coarse grain production in China and most of West Africa and lower forecasts for the United States and the European Union. Wheat output forecasts were raised for Iraq and the United States and revised downward for the European Union and Kazakhstan. World rice production in 2023-24 is forecast to increase marginally year-on-year. The new revisions include an upgrade to India’s production, more than offsetting various other revisions, particularly a further downgrade of Indonesian production prospects.

World cereal utilisation in 2023-24 is forecast to reach 2.810 million tonnes, with the total utilisation of both wheat and coarse grains set to surpass 2022-23 levels while rice utilisation is expected to stagnate at the previous season’s level.

The world cereals stocks-to-use ratio for 2023-24 is forecast to stand at 30.7 per cent, “a comfortable supply situation from a historical perspective” and marginally above the previous year’s level of 30.5 per cent, according to the FAO.

Global trade in cereals in 2023-24 is forecast at 469 million tonnes, a 1.6 per cent contraction from the preceding year.

The FAO also noted in a separate report that persisting and intensifying conflicts are aggravating food insecurity, and moderating international food commodity prices are being countered by weak currencies in many low-income countries. A total of 46 countries around the world, including 33 in Africa, are assessed to need external assistance for food, according to the latest Crop Prospects and Food Situation report, a triannual publication by FAO’s Global Information and Early Warning System (GIEWS).

Global trade in cereals in 2023-24 is