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Economics2h 55m ago
The Finance Ministry will soon meet with states and central ministries to assess the economic and fiscal impact of El Nino.
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New Delhi, India
Who
Finance Ministry, states, central ministries, officials from ministries of finance, agriculture, rural, power and water resources, Nirmala Sitharaman
What
The Finance Ministry will soon meet with states and central ministries to assess the economic and fiscal impact of El Nino.
When
Tue, 16 Jun 2026 18:19:00 GMT · 2h 55m ago
Where
New Delhi, India ·
Why
This review will focus on potential stress on agriculture, food inflation, and increased subsidy outgo, as the country faces its weakest monsoon in 11 years.
The Frontline Impact
How this affects you
The government is preparing relief packages for vulnerable districts to ensure adequate supplies and mitigate inflation spikes, with the food subsidy bill expected to rise by ₹15,000-20,000 crore due to El Nino and higher minimum selling price for crops.
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2 events in this thread- Economics2h 55m agoThe Finance Ministry will meet with states and central ministries to assess the economic and fiscal impact of El Nino on agriculture, food inflation, and subsidy outgo.Open article
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