Even if (a big if) the forecast turns out to be accurate, multiple other factors could play spoilsport for agriculture.
Subscribe to read this story
We publish over 500 original, detailed stories every year on startups, corporates, stock markets and economic current affairs.
Limited time offer $125 $99 for 1 year
Consumption took centre stage, while some sectors got more attention than others. But Nirmala Sitharaman’s budget failed to enthuse the markets.
Early summers, heatwaves, erratic monsoons and disease combine to shrink already slim pickings, forcing many farmers to migrate even more for work.
With retail inflation still over 7%, people in lower-income groups have cut back on essentials while those who are better off are prioritizing expenses.