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The Economic Times

Economy / The Economic Times

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Finmin to engage with states over looming El Nino fallout

The Finance Ministry will soon meet with states and central ministries to assess the economic and fiscal impact of El Nino. This review will focus on potential stress on agriculture, food inflation, and increased subsidy outgo. The government is preparing relief packages for vulnerable districts. This proactive approach aims to ensure adequate supplies and mitigate inflation spikes.

16 Jun 2026 11:49 pm