The Finance Ministry will soon meet with states and central ministries to assess the economic and fiscal impact of El Nino. This review will focus on potential stress on agriculture, food inflation, and increased subsidy outgo. The government is preparing relief packages for vulnerable districts. This proactive approach aims to ensure adequate supplies and mitigate inflation spikes.

India faces a potential threat as El Nino begins. The Food and Agriculture Organization warns of a weakened summer monsoon. This could stress vital crops like rice and maize…

Agriculture Minister Shivraj Singh Chouhan has directed coordinated meetings with district officials and agricultural agencies in 9-10 states likely to face severe El Nino impacts…