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Indian Economy
Current State of the Indian Economy:
Agriculture and Monsoon
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(1) In the Pre-monsoon Season, the rainfall from March 1, 2008 to May 31, 2008 was normal/excess in 23 meteorological sub-divisions (64 per cent) and deficient/scanty in the remaining 13 (36 per cent).

Number of Meteorological Sub-divisions
Rainfall 2003 2004 2005 2006 2007 2003-07+ 2008   
Excess/Normal 13 27 20 28 16 21 23
Deficient/Scanty/Nil 23 09 16 08 20 15 13
Total 36 36 36 36 36 36 36
+ : Annual Average *(March-May)

(2) Wheat procurement as on March 1, 2008 (in the year 2007-08) was at 11.13 million tonnes as compared to 9.23 million tonnes (increased by 20.6 per cent) in the corresponding period of last year. While, procurement of rice as on March 1, 2008 was at 21.79 million tonnes as compared to 20.53 million tonnes (increased by 6.1 per cent) in the corresponding period of last year.

Million Tonnes
Agriculture Produce Full Marketing Year As on March 31 % change
  2003-04 2004-05 2005-06 2006-07 2007 2008  
  1
2 3 4 5 6 7 8
Rice (Oct-Sept.) 22.83 24.68 27.66 25.08 20.53 21.79 06.1
Wheat (Apr-Mar) 15.80 16.80 14.79 09.23 09.23 11.13 20.6
Total 38.63 41.48 42.45 34.13 36.88 36.20 10.6

(3) Off-take through the Public Distribution System from Central Pool during April-March, 2007-08 was 37.42 million tonnes as against 36.77 million tonnes during April–March, 2006-07.

Million Tonnes
Agriculture Produce 2004-05(P) 2005-06(P) 2006-07(P) April-March
        2006-07 2007-08
1 2 3 4 5 6
Rice 23.20 25.04 25.06 25.06 25.22
Wheat 18.27 17.16 11.71 11.71 12.20
Total 41.47 42.20 36.77 36.77 37.42
P: Provisional          

(4) Stocks of food-grains as on April 1, 2008 were 19.64 million tonnes, which was higher by 65.46 per cent than the level of 11.87 million tonnes as on April 1, 2007.

Million Tonnes
  As on April 1
Agriculture Produce 2007 2008
Rice 13.17 13.84
Wheat 04.70 05.80
Total 17.87 19.64
* Includes coarse grains    

Agriculture and Monsoon

Source: Ministry of Finance

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