RBI says agriculture outlook for FY27 hinges on monsoon progress
The Reserve Bank of India (RBI) has delivered a stark reminder: India's agricultural outlook for the upcoming financial year (FY27) hinges precariously on the performance and distribution of the south-west monsoon. This pronouncement, made as early monsoon forecasts show a potential shift towards La Niña, signals persistent anxieties within the central bank regarding food price stability and the broader economic trajectory.
















