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Data▼ Bearish for Indian equities
India’s kharif crops output may be lower, crops in winter season also at risk in rainfed areas
The brief
- Kharif crop production is expected to be lower amid deficient rains and heavy rainfall in some areas
- Winter crops are also at risk in rainfed areas
- Lower crop output may lift food inflation, affecting Indian consumers and FMCG companies
- Maharashtra Drought: What does the farm relief push mean for banking stocks
- Chouhan urges states to plan rabi sowing based on water availability
- Erratic Monsoon Rain Threatens India Crop Outlook, Official Says
- Govt to support farmers hit by drought, floods, says Shivraj Chouhan
- Low Rhine Levels Force Companies to Adapt to New Climate Normal
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
- India’s kharif crops output may be lower, crops in winter season also at risk in rainfed areas