Abstract:-
The FASAL project was started in 2005 in partnership with IMD and ISRO to provide early forecasts of crop output to the Ministry of Agriculture and Farmers Welfare using econometric modeling of data to finalize official advance and final estimates published by Government of India. For this, determinants of study crops were identified. Four forecasts were provided, two (F0 and F1) each for Kharif and Rabi for major crops at the state level and projected at the all India level. FASAL project was extended for generating more frequent forecasts (RTISA) to support timely decision making on exports, imports, logistics etc. and to combine econometrics with other scientific and statistical methods as well as field insights to create a comprehensive methodology and collaborative exercise with Ministry’s various departments. This seminar is meant to demonstrate the process.