Rice production expected to reach new record level

11-Mar-2025 11:43 AM

India’s Rice Production Expected to Reach a Record 1364.37 Lakh Tonnes

New Delhi: The Union Agriculture Ministry, in its second advance estimate, has projected record rice production of 1206.79 lakh tonnes for the Kharif season 2024-25, marking an increase of 74.20 lakh tonnes from 1132.59 lakh tonnes in 2023-24. Additionally, the Rabi season production is estimated at 157.58 lakh tonnes, bringing total domestic rice production to an all-time high of 1364.37 lakh tonnes.

Key Factors Behind Record Rice Production

✔ Expanded Sowing Area in Kharif Season
✔ Abundant Monsoon Rains in Major Producing Regions
✔ Consistent Government Procurement Efforts

Stock & Market Situation

  • Large Stockpile in Government Warehouses
  • Kharif Paddy Procurement Ends: March 31, 2025
  • Rabi Paddy Procurement Begins: April 1, 2025
  • Food Corporation of India (FCI) Continues Custom Milling & Procurement
  • Rice Supply Remains Comfortable; Prices Stable

Potential Government Actions

🔹 Managing High Stock Levels to Reduce Fiscal Burden
🔹 Possible Lift of Export Ban on 100% Broken Rice

With record rice production and stable market conditions, the government’s focus may shift to balancing stock levels and ensuring export flexibility.

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