Tag: Economic Boost

India is poised to receive above-average monsoon rains in 2025, sparking optimism across the agricultural and economic sectors. With the monsoon season expected to bring 105% of the long-term average rainfall the country could witness a significant uplift in crop production price stability, and rural income. Monsoon rains are vital for India’s economy, supplying nearly 70% of the country’s annual rainfall and directly impacting farming, which supports over half the population. According to M. Ravichandran, a senior government official, the forecast offers a strong foundation for food security and economic resilience. It could help tame food inflation and maintain the Reserve Bank of India’s inflation targets, a key concern in recent months. India’s rice exports, already the largest g...