Growth Trends Of Oilseed Production, Area, And Yield In India: An Estimation Through The Structural Stability Regression Model

Abstract

The production, area and the yield of agricultural output of oilseeds, as well as the growth, trend, and structural stability of agricultural production (oilseeds), represent an economy's contribution and stability. The goal of this study is to assess the growth, trend, and structural stability of oilseed output, area under cultivation, and yield per hectare in India before and after the new agricultural policy (1980-2000). (2001–2020). Secondary data from the Reserve Bank of India's handbook of statistics on the Indian economy (2020–21) to meet the objectives. The structural stability regression model, t test, and trend line were used for estimation. The growth rate of the average production and yield of oilseeds were 59.4% and 42%, respectively, from 1980 to 2000 to 2001-2020, despite only a 13.7 percent in area under cultivation of oilseeds. The compound annual growth rates for production, area, and yield are -26.1 percent, -45.6 percent, and -12.7 percent, respectively, oilseed production and yield are increasing and the structure of oilseed production and area in India has changed throughout time. The focus should be on increasing yield through technical innovation, improve the cultivation, agricultural research, and training, as well as improving policy implementation in India.