The after-effects of demonetisation might not have been as severe as projected by the leaked NSS report after all. While the NSS report claimed that the household consumption in rural Rajasthan and Bihar saw sharp drop, a study claims otherwise.
Excess production of wheat and paddy in rabi 2019-20 will build on existing surplus and stimulate additional market distortions as well as add to procurement and subsidy load, he said.
