Economic Survey – Volume 2

  • With the easing of inflationary conditions, the RBI has already signaled a shift in the monetary policy stance when it cut policy repo rates by 25 basis points to 7.75 % in January 2015.
  • The recommendations of the Shanta Kumar Committee provide useful suggestions for the future road-map of food–policy. The functioning of the Food Corporation of India needs to be revamped substantially.

CROP YIELD COMPARISON: INDIA VERSUS THE WORLD

Crop India Highest Yield (State) World Highest Yield
Paddy Punjab – 3952 China- 6661
Wheat Punjab- 5017 UK- 7360
Maize Tamil Nadu- 5372 USA- 8858
Chickpeas Andhra Pradesh – 1439 Ethiopia- 1663
Cotton Punjab- 750 Australia- 1920
Repeseed/ Mustard Seed Gujarat- 1723 UK- 3588

 

UPSC Prelims 2025 Notes