Demand and supply of cereals in India: 2010-2025
This paper attempts to project the future supply and demand up to the year 2025 for rice and wheat, the two main cereals cultivated and consumed in India. A review of studies that forecast the supply and demand of Indian agriculture commodities revealed three important limitations of such studies: The forecasts are generally overestimated (in the ex post situation); the methodology is not clearly outlined; ex-ante validation of the forecast have not been carried out. This study presents forecasts based on models that are validated so that forecast performances can be assessed.