Page 22 - Millets Natures NutriGrain

The economics of millet production in India are generally favorable.
Millets require less inputs than other cereals, such as water and
fertilizer, and they can be grown on a variety of soils. This makes
them a good option for small-scale farmers and farmers in marginal

areas.

4.2.1 Economic significance of millet production in India

Millet production plays an important role in the Indian economy. It

provides a livelihood to millions of small-scale farmers and contributes
to the country’s food security. Millets are also an important source of
export revenue for India.

In 2022-23, India exported millets worth $75.46 million. The major

export destinations for Indian millets are Saudi Arabia, the UAE,
Nepal, Oman, the UK, Japan, Taiwan, and South Africa.

4.2.2 Challenges and opportunities for millet production in India

The main challenges faced by millet production in India are:

• Lack of a well-developed marketing and distribution system

• Lack of awareness among consumers about the health benefits
of millets

• Low yields and productivity

• Climate change

The main opportunities for millet production in India are:

• Growing domestic and international demand for millet

• Government support for millet production and consumption

• Potential to increase yields and productivity through improved

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