Time Series Modeling and Forecasting of Finger Millet Cultivation Area, Production and Productivity in Chhattisgarh, India: The Box Jenkins Methodology

Chhattisgarh has taken important steps towards promoting millets cultivation and improving the livelihood of farmers. To increase millets production in Chhattisgarh, the state government launched the Millet Mission in September 2021. This mission has been started with a view to make Chhattisgarh the ‘millet hub of India’. The present study was conducted on time series modelling and forecasting of finger millet crops in Chhattisgarh India using Box Jenkins methodology and used historical data on currently cultivated area, production and yield of finger millet crops. The time series data was collected from 2001 to 2023, and analysis of the study was carried out using path analysis and Box Jenkins ARIMA model; and among various 20 models the best and suitable ARIMA (0, 1, 2), (3, 1, 1) and (2, 0, 4) model was selected based on AIC, BIC, MAPE, RMSE, MAE. With the help of the selected appropriate model, the cultivation area, production and yield of finger millet cultivation in Chhattisgarh was forecasted for the year 2024 to 2030. But marvellous, diminishing and fluctuating trend was observed in finger millet cultivation area and production over the forecast period. Whereas increasing and stochastic trend was observed in finger millet yield over the forecast period.

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Publication Details

Journal
Asian Research Journal of Agriculture
Published
2024-08-26
DOI
https://doi.org/10.9734/arja/2024/v17i4494
Primary Topic
Forecasting Techniques and Applications
Type
article
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article

Time Series Modeling and Forecasting of Finger Millet Cultivation Area, Production and Productivity in Chhattisgarh, India: The Box Jenkins Methodology

Ram Prasad Chandra, Bhagawat Prasad Sahu
Asian Research Journal of Agriculture
Forecasting Techniques and Applications
article

Time Series Modeling and Forecasting of Finger Millet Cultivation Area, Production and Productivity in Chhattisgarh, India: The Box Jenkins Methodology

Ram Prasad Chandra, Bhagawat Prasad Sahu
article en

Abstract

Chhattisgarh has taken important steps towards promoting millets cultivation and improving the livelihood of farmers. To increase millets production in Chhattisgarh, the state government launched the Millet Mission in September 2021. This mission has been started with a view to make Chhattisgarh the ‘millet hub of India’. The present study was conducted on time series modelling and forecasting of finger millet crops in Chhattisgarh India using Box Jenkins methodology and used historical data on currently cultivated area, production and yield of finger millet crops. The time series data was collected from 2001 to 2023, and analysis of the study was carried out using path analysis and Box Jenkins ARIMA model; and among various 20 models the best and suitable ARIMA (0, 1, 2), (3, 1, 1) and (2, 0, 4) model was selected based on AIC, BIC, MAPE, RMSE, MAE. With the help of the selected appropriate model, the cultivation area, production and yield of finger millet cultivation in Chhattisgarh was forecasted for the year 2024 to 2030. But marvellous, diminishing and fluctuating trend was observed in finger millet cultivation area and production over the forecast period. Whereas increasing and stochastic trend was observed in finger millet yield over the forecast period.

Asian Research Journal of AgricultureVol. 17(4)
Government Medical College (IN), Government Medical College (IN)
Zero hunger
Openalex Percentile: Top 83%
Forecasting Techniques and Applications
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