India's monsoon has begun with a significant 40% deficit in rainfall, threatening crucial crops like rice and soybeans. The El Niño phenomenon is expected to prolong this dry spell through July and August, impacting agriculture and industrial activities. Authorities have already implemented water restrictions for construction, highlighting the severity of the situation.

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, though smaller in output share, still employs 43% of India's workforce, making monsoon performance crucial for rural demand and livelihoods.

India has received 50.3 mm rain from June 1 to June 16, the 34th lowest rainfall for this period since 1901.

Pragmatic prudence rather than alarmism should dictate the policy response

India's monsoon has begun with a significant 40% deficit in rainfall, threatening crucial crops like rice and soybeans. The El Niño phenomenon is expected to prolong this dry…