By Ashok Gulati & Ritika Juneja
Third advance estimates of crop production for the year 2021-22 are out. India has harvested a record foodgrain production of 314.51 million metric tonnes (MMT), up by 3.77 MMT over the preceding year. Rice is at a peak of 129.66 MMT, up by 5.29 MMT over the previous year. Wheat production stands at 106.41 MMT, only 3.18 MMT less than last year.
This raises a moot question: Why did GoI press the panic button on wheat exports and ban it so abruptly?
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Disclaimer
Views expressed above are the author’s own.
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