food inflation

SUPER EL NIÑO: CAUSES, GLOBAL IMPACTS AND IMPLICATIONS FOR INDIA

A Super El Niño involves extreme warming of the equatorial Pacific Ocean, severely disrupting global weather. It weakens the Indian monsoon, triggers marine heatwaves, and threatens agricultural yields, requiring urgent climate-resilient planning and robust early warning systems to mitigate localized and macroeconomic disasters.

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IMPACT OF EXTREME HEATWAVES ON INDIA: AGRICULTURE, LABOUR PRODUCTIVITY AND ECONOMIC LOSSES

Extreme heatwaves severely disrupt agricultural productivity, costing farm workers 54 days of labor annually. The crisis threatens food security, reduces rural incomes, and exposes informal workers to critical health risks. Comprehensive, worker-centric Heat Action Plans offer the essential solution.

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Temperature Spikes Lead to Change in El Nino Labelling

Scientists at the National Oceanic and Atmospheric Administration revised El Niño detection, adopting a rolling baseline to adjust for ocean warming and avoid false positives. The shift improves monsoon forecasting for India, aiding agriculture and inflation management, after shocks like 2023–24 heatwaves and sugar shortages.

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RETAIL INFLATION:CAUSES, MEASUREMENT AND POLICY IMPLICATIONS

Retail inflation in India has remained at historically low levels due to a sharp fall in food prices, strong base effects, and proactive supply-side interventions by the government. Despite a mild rise in fuel and select non-food prices, overall inflation continues to stay well below the RBI’s comfort zone, reflecting subdued demand conditions and a phase of price stability.

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