NITI Aayog Report on Crop Husbandry, Agriculture Inputs, Demand & Supply
Recently, NITI Aayog released a report under the title- ‘Crop Husbandry, Agriculture Inputs, Demand and Supply’.
Major Findings
Changes in Food Preferences and Demand
- There is an increasing trend in the total household expenditure, but the share of food expenditure in it has declined considerably, from 69% in 1972-73 to 44% in 2011-12, and the decline is observed across all expenditure classes and in rural as well as urban areas.
- Household demand has the largest share (61%) in the total demand for food commodities.
- Demand for cereals has declined due to changing consumer preferences for nutritious foods, and also due to ....