India's agricultural output and inflation face heightened concerns as the India Meteorological Department forecasts a stronger probability of deficient rainfall. However, the impact on agriculture GVA and overall GDP growth is expected to be limited due to a weakening correlation with rainfall over the past two decades, attributed to factors like increased irrigation and a growing share of non-crop sectors.

IMD forecast points to a deficient agri season this year

India is expected to have a ‘deficient’ monsoon this year. What does a dry period mean for our crops and the agricultural economy? Here’s a look at how weak monsoon years have…

India's agricultural output and inflation face heightened concerns as the India Meteorological Department forecasts a stronger probability of deficient rainfall. However, the…

RBI monetary policy meeting: India's monsoon season is critical for farms and prices. A weak monsoon could impact crop yields and raise food costs. The Reserve Bank of India is…

Reserve Bank of India Governor Sanjay Malhotra anticipates a potential impact on rural demand and private consumption due to a projected monsoon deficiency. He noted that…

Reserve Bank of India Governor Sanjay Malhotra on Friday cautioned that a projected deficiency in the south-west monsoon could impact rural demand and private consumption, even as…