India is forecasting record wheat production in 2016 and 2017, according to a report in the Business Standard newspaper. IFPRI South Asia Director P.K. Joshi says that the reason for this record production despite demonetization is that 80 per cent of India’s rural economy ran on credit, and that sowing had begun before the controversial policy was announced.
Record Wheat, Foodgrain Output Likely in 2016-17 (Business Standard)
February 16, 2017