India’s mid-summer nightmare
Monsoons are the life-blood of Asia’s third-largest economy, considering the number of small scale farmers practising agriculture here, and the proportion they form of the total population. This year, a 21 per cent deficiency in the rains has caused alarm. The monsoon, which acts as a strong check on inflation, is vital for not only the farm sector, but also the broader economy. Read more here and here.
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