Be watchful of note-ban impact on farms: Report

The Global Food Policy Report says India faces a paradoxical situation

India needs to be watchful of the impact of demonetisation on agricultural production and incomes, demand and credit in rural areas in 2017, the annual Global Food Policy Report said.

The report, which is published by the International Food Policy Research Institute (IFPRI), said India faces a paradoxical situation of rapid economic growth coupled with much slower decline in malnutrition.

The government in November 2016 in a sudden move announced that the widely circulated Rs 500 and Rs 1,000 notes would cease to be a legal tender from the midnight of November 8. The announcement which came right in the