The 'little boy' in the Pacific, India's monsoon and the big test ahead

India's crucial monsoon season has begun sluggishly, with a significant rainfall deficit raising concerns for the farm economy. Delayed sowing of key crops like rice and oilseeds is evident, particularly in central India. The strengthening El Niño phenomenon adds to the uncertainty, potentially impacting food inflation, agricultural exports, and imports. Authorities are implementing contingency plans to mitigate risks.

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