India's agriculture is more resilient to rainfall deficits, driven by irrigation and climate-resilient crops, reducing its impact on GVA growth. However, current cumulative rainfall deficits and a projected sub-normal monsoon by El Niño raise concerns. This could still threaten rural incomes and escalate food inflation, particularly for perishables and pulses. While diversification offers some buffer, crop production remains crucial. Government interventions and high grain stocks provide some mitigation. Vigilance is critical to monitor the monsoon's effect on food inflation and overall rural income.