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Union Finance Minister Nirmala Sitharaman on Monday flagged concerns over possible headwinds in domestic consumption this year, due to the impact of El Niño which is likely to adversely affect agricultural income and productivity.
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NEW DELHI
Who
Union Finance Minister Nirmala Sitharaman
What
Union Finance Minister Nirmala Sitharaman on Monday flagged concerns over possible headwinds in domestic consumption this year, due to the impact of El Niño which is likely to adversely affect agricultural income and productivity.
When
Mon, 15 Jun 2026 07:19:35 GMT · 4h 54m ago
Where
NEW DELHI ·
Why
El Niño is expected to adversely affect agricultural income and productivity, adding stress to rural incomes, and global fertilizer shortages are exacerbating the situation.
The Frontline Impact
How this affects you
The potential decline in agricultural income due to El Niño and fertilizer scarcity could reduce domestic consumption in India, posing a challenge to the country's economic stability despite existing food buffer stocks. This could lead to a slowdown in rural economic activity.
Story chain
4 events in this thread- Markets2h 15m agoIndia is better positioned to withstand the impact of a potentially weak monsoon and emerging El Nino conditions this year.Open article
- Markets2h 15m agoIndia is better positioned to withstand the impact of a potentially weak monsoon and emerging El Nino conditions this year, backed by higher reservoir levels, record foodgrain stocks and structural improvements in the economy.Open article
- Currently Reading4h 54m agoUnion Finance Minister Nirmala Sitharaman on Monday flagged concerns over possible headwinds in domestic consumption this year, due to the impact of El Niño which is likely to adversely affect agricultural income and productivity.
- Markets4h 54m agoUnion Finance Minister Nirmala Sitharaman on Monday flagged concerns over possible headwinds in domestic consumption this year due to the impact of El Niño on agricultural income and productivity.Open article