Balanced
Rainfall data suggests we can breathe easier—but only a bit, as India is only midway through its rains
India's monsoon, vital for 43% of its workforce, shows mixed progress. While initial El Niño fears eased, rainfall distribution is highly uneven across the country, with significant deficits in some regions. This erratic pattern impacts agricultural sowing, notably pulses and oilseeds, leading to potential import dependency and higher living costs despite good cereal stocks. Rising retail and food inflation adds pressure. The government faces a critical challenge to mitigate distress, with rural employment schemes facing state funding reluctance. Vigilance remains essential as the monsoon's full impact unfolds.
LiveMint · Mint Editorial Board · Jul 14, 2026 at 2:00 AM