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Economics1h 47m ago

The 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.

New Delhi, India

Who
Finance Ministry, states, central ministries, Nirmala Sitharaman, finance minister, officials from the ministries of finance, agriculture, rural, power and water resources
What
The 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.
When
Tue, 16 Jun 2026 18:19:00 GMT · 1h 47m ago
Where
New Delhi, India ·
Why
The country is facing its weakest monsoon in 11 years due to strong El Nino conditions, necessitating a review to mitigate potential crop losses, food inflation, and implement relief measures.
The Frontline Impact

How this affects you

The El Nino phenomenon is expected to strain India's agriculture, increase food inflation, and raise the food subsidy bill by ₹15,000-20,000 crore, prompting concerns over economic stability and the need for relief packages in vulnerable districts.

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  1. Currently Reading1h 47m ago
    The 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.
  2. Economics1h 47m 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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