India's weak monsoon threatens its $300B farm economy, risking food inflation, supply chain disruptions, and ripple effects across global risk assets.

Centre, States, banks should be geared up

The Indian government warns that 111 districts face severe crop vulnerability due to anticipated monsoon deficits, impacting agriculture and inflation.

India is implementing contingency plans for over 300 vulnerable districts facing a potentially weak monsoon. With rains currently 43% below average and a forecast for continued…