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RBI says agriculture outlook for FY27 hinges on monsoon progress, distribution; El Nino poses risk
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RBI says agriculture outlook for FY27 hinges on monsoon progress, distribution; El Nino poses risk
New Delhi : The Reserve Bank of India (RBI) has said that the outlook for India’s agriculture sector in 2026-27 remains dependent on the progress and distribution of the south-west monsoon, while warning that the possibility of El Nino conditions poses downside risks to farm output. In its Annual Report 2025-26, the RBI said that although weather-related risks remain, the agriculture sector is expected to benefit from improved irrigation, techno…
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