Foodgrain output target cut over El Nino impact

The government has cut its target for foodgrain output due to the expected impact of El Nino. This decision was made at the National Agriculture Conference-Rabi Campaign 2026. The reduced target is a response to the potential drought conditions that could be caused by El Nino, which is a weather phenomenon that can lead to dry conditions. This development may have implications for the economy, particularly for farmers and the agriculture sector, as it could affect crop yields and food availability.

Why it matters

El Nino is expected to negatively impact foodgrain output in India. This could lead to lower crop yields and higher food prices, affecting the overall economy.

Market impact

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