Kerala Economic Review 1976

Abstract

The national economic scene during the year under review presented an optimistic picture viewed especially in the light of trends in production and prices. Production of foodgrains during the agricultural year 1975-76 touched an all-time high of 120 million tonnes as against the previous year's level of 100 million tonnes thanks mainly to very favourable climatic conditions accompanied by improved use of agricultural inputs. However, for the current agricultural year i.e., 1976-77, the production prospects do not appear to be that bright, the present estimate being around 110 million tonnes.