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Drought cause high inflation in India

Low Monsoon pushed India to drought like situation by which food prices are soaring in the market. But accroding to officials wheat and rice stocks will provide a buffer. India’s Monsoon have been 29% below the normal. This hurting the crops such as rice and cane. The monsoon is vital for India’s summer sown crops most farmers do not have access to irrigation facilities.

Related Pages :

  1. Severe Drought Grips Half of India
  2. WPI Inflation of India may be 6%- March’09
  3. Inflation is a worry for Growth
  4. Engineers India rides high on Specaculation of Bonus Issue

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