Trends, Growth, Production Instability and Export Dynamics Analysis of Basmati Rice in India
DOI:
https://doi.org/10.48165/IJEE.2024.60206Keywords:
Basmati rice, Production, Export, Trends, Growth rate, Instability, RegressionAbstract
The research examined the trends, growth rates, and instability in Basmati rice production and export in India from 2001 to 2021. Secondary time series data on these parameters were collected from diverse sources including the official websites of the Department of Agriculture and Farmer’s Welfare, Directorate General of Commercial Intelligence, the Agricultural and Processed Food Product Export Development Authority (APEDA) and Statistics (DGCI&S) and Ministry of Commerce and Industry. Various analytical tools such as Compound Annual Growth Rate (CAGR) for growth rate analysis, Coefficient of Variation (CV), Coppock Instability Index, Cuddy Della Valle Index, and Index Number for instability analysis, and R-square for linear, second-degree, and polynomial regression for trend analysis were employed which served as a metric for goodness of fit. The analysis revealed significant insights into the dynamics of Basmati rice production and export over the study period. Notable findings include fluctuations in growth rates, trends indicating periods of acceleration or deceleration, and instability factors impacting production and export. These findings contribute to a deeper understanding of the Basmati rice industry in India, informing policymakers, stakeholders,
Downloads
References
Ashfaq, M., Haider, M., Saleem, I., Ali, M., Ali, A., & Chohan, S. (2015). Basmati–Rice a Class Apart (A review). Rice Research: Open Access, 3, 156. doi:10.4172/2375-4338.1000156
Bisen, J., Kumar, S., Singh, D. R., Nain, M. S., Arya, P. N., & Tiwari, U. (2023). Performance and macro-economic scenarios of rice market outlook in India, Oryza, 60(Special Issue), 78-90, https:/ /doi.org/10.35709/ory.2023.60.0.7
Childs, N. W., & Kiawu, J. (2009). Factors behind the rise in global rice prices in 2008. US Department of Agriculture, Economic Research Service.
Coppock, J. (1962). International economic Instability. New York City: McGraw-Hill Book Company.
Cuddy, J. D., & Valle, P. D. (1978). Measuring the instability of time series data. Oxford Bulletin of Economics and Statistics, 40, 79- 85.
Gangwar, A., & Rai, K. (2005). Emerging agricultural export opportunities in India. Emerging agricultural export opportunities in India, 11, 47.
Kamboj, P. (2021). Trend analysis of area, production and productivity of basmati rice in India and Haryana. Pharma Innovation Journal, 10, 488-493.
Kumari S, S., & Dilipkumar, R. (2022). Growth and instability in production of basmati rice in India. Asian Journal of Agricultural Extension Economics & Sociology, 40, 46-51.
Pandit, U., Nain, M. S., Singh, R., Kumar, S., & Chahal, V. P. (2017). Adoption of good agricultural practices (GAPs) in basmati (scented) rice: A study of prospects and retrospect. Indian Journal of Agricultural Sciences, 87(1), 36-41.
Rejula, K., Singh, R., & Nain, M. S. (2017). Rice farming for food security and ecological sustainability: An analysis of farmers’ awareness in Kerala. Indian Journal of Extension Education, 53(4), 101-106.
Rohit, & Singh, M. (2023). Utilization pattern of ict tools by paddy growers in Uttar Pradesh. Indian Journal of Extension Education, 59(2), 135-137.
Satishkumar, M., Harishkumar, H., & Rangegowda, R. (2016, 01). Growth, export performance and competitiveness of basmati and non-basmati rice of India-an Markov chain approach. International Journal of Agriculture, Environment and Biotechnology, 9, 305-311. doi:10.5958/2230- 732X.2016.00040.1
Shanabhoga, M. B., Krishnmaurthy, B., Suresha, S. V., Dechamma, S., & Kumar, R. V. (2023). Climate change adaptation constraints among paddy growing farmers in Kalyana-Karnataka region of karnataka state: climate change adaptation constraints among paddy growing farmers. Indian Journal of Extension Education, 59(2), 124-127.
Shende, N., Deoghare, B., & Shende, T. (1998). Rice exports: Present status and future prospects. Rice exports: Present Status and Future Prospects, 12, 3-5.
Sindhu, R., Kuttiraja, M., Parameswaran, B., Sukumaran, R. K., & Pandey, A. (2014). Physicochemical characterization of alkali pretreated sugarcane tops and optimization of enzymatic saccharification using response surface methodology. Renewable Energy, 362-368.
Singh, V., & Singh, A. (2009). History of Basmati rice research and development in India. Indian Farming, 59(1), 4-6.
Udhayakumar, M., & Karunakaran, K. (2020, 12). Growth and stability of basmati and non-basmati rice export in India. Current Journal of Applied Science and Technology, 9-18. doi:10.9734/cjast/2020/ v39i4031107
Wani, S. A., Manhas, S. K., & Kumar, P. (2015, March 07). Basmati rice in India - Its production and export. Retrieved February 27, 2024, from FnBnews.com: http://www.fnbnews.com/Top News/Basmati-rice-in-India—Its-production-and-export
Yalakonda, R., & Chandrasekaran, K. (2023). Credibility of information sources and channels as perceived by paddy farmers in Telangana State. Indian Journal of Extension Education, 59(1), 170–173.
Downloads
Published
Issue
Section
License
This work is licensed under a Creative Commons Attribution-NonCommercial-NoDerivatives 4.0 International License.
How to Cite
