4.10 Methodology for Calculation of Index Numbers of Area, Production and Yield

Let

  • image1be the area under ithcrop in the jthyear in kthstate.
  • image2be the area under ithcrop in base year period in kthstate.
  • image3be the production of ithcrop in the jthyear in kthstate.
  • image4be the production of ith crop in base year period in kth state.
  • image5 be the weight of ith crop in kth state.
  • image6 be the price per unit of the ith crop in the base period.
  • For the state k and for the year j, individual crop indices are calculated as below:
    • Index number of area= image7
    • Index number of production= image8
    • Index number of yield= image9
  • For any sub-group G of commodities, the indices are for the year j and state k are as below:
    • Index number of area= image10 The state index is obtained by including all the items of the state in sub group G where the summation is taken over items in G.
    • Index number of production= image11
    • Index number of yield= image12
Source: Directorate of Economics and Statistics, Ministry of Agriculture
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