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Maharashtra drought: Why the 265-tehsil crisis could hit markets and the economy
The brief
- Maharashtra’s drought declaration covers 265 tehsils
- Relief measures could weigh on state finances and disrupt lenders’ agricultural cash flows
- Drought-related loan stress and state spending may affect banks and agriculture-linked companies
- Erratic Monsoon Rain Threatens India Crop Outlook, Official Says
- Govt to support farmers hit by drought, floods, says Shivraj Chouhan
- How Europe’s intensifying marine heatwaves threaten its fisheries
- Low Rhine Levels Force Companies to Adapt to New Climate Normal
- Karnataka announces Rs 2,500 input subsidy for drought-hit farmers: Dy CM Parameshwara
Drought and monsoon deficits threaten Indian crops
Poor and uneven monsoon rains have weighed on fertiliser sales and raised concerns about kharif and rabi output. Maharashtra declared 265 of its 358 talukas drought-affected and announced relief measures, including crop-loan restructuring.
Monday, 28 September
- Maharashtra drought: Why the 265-tehsil crisis could hit markets and the economy