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Listen: Could this unique weather phenomenon impact India’s agri sector?
2022 is the third consecutive year that La Nina, which has caused unseasonal rainfall in India in 2020 and 2021, is setting in. La Nina is coming at a time when many countries face the risk of recession amid the Ukraine War. This is pushing up costs, which is leading to inflation, as per analysts. MR Subramani, head, Commodities and Agri-Business, The Hindu BusinessLine, explains.
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By BL Digital2022 is the third consecutive year that La Nina, which has caused unseasonal rainfall in India in 2020 and 2021, is setting in. La Nina is coming at a time when many countries face the risk of recession amid the Ukraine War. This is pushing up costs, which is leading to inflation, as per analysts. MR Subramani, head, Commodities and Agri-Business, The Hindu BusinessLine, explains.