Trends, Growth, Production Instability and Export Dynamics Analysis of Basmati Rice in India


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Authors

  • Khushboo Dalal CCSHAU, Hisar
  • Suman Ghalawat CCSHAU, Hisar
  • Amita Girdhar CCSHAU, Hisar
  • Megha Goyal CCSHAU, Hisar
  • Joginder Singh Malik CCSHAU, Hisar
  • Neelam Kaushal LPU, Phagwara
  • Sushma CCSHAU, Hisar

https://doi.org/10.48165/IJEE.2024.60206

Keywords:

Basmati rice, Production, Export, Trends, Growth rate, Instability, Regression

Abstract

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, and researchers for effective decision-making and strategic planning.

Author Biographies

  • Khushboo Dalal, CCSHAU, Hisar

    Research Scholar

    Department of Business Management

    CCSHAU, Hisar 

  • Suman Ghalawat, CCSHAU, Hisar

    Associate Professor

    Department of Business Management

    CCSHAU, Hisar 

  • Amita Girdhar, CCSHAU, Hisar

    Associate Professor

    Department of Business Management

    CCSHAU, Hisar 

  • Megha Goyal, CCSHAU, Hisar

    Assistant Professor

    Department of Business Management

    CCSHAU, Hisar 

  • Joginder Singh Malik, CCSHAU, Hisar

     Professor

    Department of Business Management

    CCSHAU, Hisar 

  • Neelam Kaushal, LPU, Phagwara

    Assistant Professor

    Mittal School of Business

    LPU, Phagwara

  • Sushma, CCSHAU, Hisar

    Research Scholar

    Department of Business Management

    CCSHAU, Hisar 

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Submitted

12.03.2024

Published

12.04.2024

How to Cite

Trends, Growth, Production Instability and Export Dynamics Analysis of Basmati Rice in India. (2024). Indian Journal of Extension Education, 60(2), 33-37. https://doi.org/10.48165/IJEE.2024.60206
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