- India to experience below-normal monsoon rain this year, with only 94% of the usual rainfall expected from June to September.
- Agriculture sector may be affected, with a potential reduction in crop yields of summer-sown crops like rice and sugar cane.
- Weaker monsoon linked to shift to El Nino, which can affect weather patterns worldwide.
- Food inflation already elevated and could be further strained if India has to import to meet domestic shortfall.
- 60% of India's population depend on the agriculture sector for livelihood and it accounts for 18% of the economy.
India to Get Below-Average Monsoon This Year in Risk to Economy
India's agriculture sector may be at risk as a private forecaster predicts below-normal monsoon rain this year, potentially driving up food prices and further straining the economy.