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‘Because of the El Nino, we are preparing for not so good monsoon’: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman said, “I don’t know when a tariff can land on me and I have no control over it,” as she highlighted the uncertainty businesses and economies face from global trade and import-related disruptions. Speaking at the Mindmine Summit 2026, she said, “There shouldn’t be a food shortage, but for farmers it’ll have an impact because this year income will be stressed,” while discussing monsoon risks, El Niño concerns and volatility in crude oil and fertilizer supplies.

Raccontata daeconomictimes.indiatimes.com

Timeline cronologica

  1. domenica 14 giugno 2026·economictimes.indiatimes.com

    Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressures

    Union Finance Minister Nirmala Sitharaman said India faces risks from crude prices, Middle East tensions and Strait of Hormuz disruptions, but Prime Minister Modi's government is…

  2. lunedì 15 giugno 2026·economictimes.indiatimes.com

    India braces for oil prices & forex uncertainty; possible monsoon deficit, says Sitharaman

    India's Finance Minister Nirmala Sitharaman highlighted significant economic challenges. These include fluctuating foreign exchange and crude oil prices. Rising fertiliser costs…

  3. lunedì 15 giugno 2026·economictimes.indiatimes.com

    ‘Because of the El Nino, we are preparing for not so good monsoon’: Nirmala Sitharaman

    Finance Minister Nirmala Sitharaman said, “I don’t know when a tariff can land on me and I have no control over it,” as she highlighted the uncertainty businesses and economies…