Growth of Food Grains Production and Agricultural Inflationary Trend in Indian Economy

Abstract

This study analyses the growth of food grains production and its impact on agriculture inflation in Indian economy over the period 1991 to 2011. For this purpose the ordinary least square technique is used to check the relationship between food grain production and inflationary trend in India. The result revealed that inflation and food grain production basically rice and pulses are negatively associated with each other. It means rise in food grain production discourage the high inflation rate in India.