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Business News Today: Latest Business News, Finance News

Sensex, Nifty open higher on US-Iran peace deal hopes, lower oil Google debuts standalone Gemini App for Apple’s MacOS Rupee rises 6 paise to 93.27 against US dollar in early trade Gold gains on softer dollar as US-Iran peace deal hopes rise CavinKare enters India ice cream market with 72 infusion-based variants China urges restoration of normal navigation in Strait of Hormuz Mehli Mistry seeks appointment of administrator in Sir Dorabji Tata Trust Crude oil futures edge up despite hopes of US-Iran ceasefire extension Indian fund outperforming 98% of peers bets on defense stocks Not just urban, rural households too lapping up premium FMCG products Stalin begins statewide anti-delimitation agitation; burns copy of the bill, terms it ‘black law’ US-sanctioned supertankers enter Gulf despite blockade The Latest: Iran threatens to disrupt Gulf trade in response to US naval blockade ‘Iran war oil shock as disruptive as Covid’ GE, HAL clinch tech deal on joint jet engine plan Iran war brings US close to net crude exporter for first time since World War II The Hosteller raises ₹150 crore led by PROMAFT Partners in Series B funding Indian stocks heading for promising opening on Thursday 12 Stocks to watch: Tejas Networks, Rubicon, GHV Infra, Brigade, John Cockeril, Fino Payments Emerging markets investing legend Mark Mobius dies at 89 India rejects USTR allegations, seeks termination of Section 301 probe India’s electronics imports cross $116 billion in FY26, exports trail SEBI signs MoU with DoT to curb securities market fraud Goldman Sachs, Morgan Stanley buy Delhivery stake worth Rs 186 crore ED arrests former ADAG executive Amitabh Jhunjhunwala in loan fraud case Gold surge lifts ETFs, jewellery stocks remain mixed US Ambassador meets Oil Minister Puri over expanding energy purchases Q4 Results Highlights Today: Elecon Engineering PAT declines, ICICI Lombard net profit rises 7%, HDB Financial shares gain ahead of Q4 results today, Reliance Industrial Infra, GTPL Hathway, Tejas Networks to announce Q4 results today, ICICI Prudential Life, Anand Rathi Share rise Labour Ministry to look into POSH compliance by IT services firms, says employees union Indian negotiators to resume talks on US trade deal from April 20 NSE active clients fall 7% to 4.57 crore in FY26 Aiding piped gas push Stocks are the least over-priced asset in India Is TCS harassment case tip of the iceberg? Air India-SIA top brass meet amid leadership flux, massive losses Satin Growth Alternatives launches debut ₹200 cr fund Baharampur sees high-stakes triangular contest India’s sugar output up 8% at 27.39 mt as of April 15 SIP with caution Coimbatore North sees tight contest with BJP’s Vanathi Srinivasan holding a slight edge Gold shines online, value buying dominates offline ahead of Akshaya Tritiya IT offer shopping halves as job market cools amid layoffs Tata Motors faces a tougher FY27 at home, eyes Iveco for global scale Entry-level smartphones get costlier as memory shortage persists Feature-rich, bass-heavy Comfortingly familiar? 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How to address the agricultural issues due to El Nino in India this year
By Rajeev Ranjan · 2026-06-13 · via Business News Today: Latest Business News, Finance News

This year, El Nino is expected to impact the weather conditions in India. As per the IMD, this monsoon season, rainfall is projected at roughly 90 per cent of the long-period average (LPA) of 870 mm. This has created uncertainties and a lot of deliberations and forums are being organized by various stakeholders to educate people on around El Nino situations and its potential impact and what can be done to address this.

It is expected that early rainfall in June will be relatively stable, however later August and September will likely experience the negative impact of the El Niño. This means many of the regions will face higher drought and heatwaves, that will negatively impact the agricultural output and the crop prices. This might be a crossroad situation where it is apprehended that the fertilizer shortage may surface this rabi, however the country is in comfortable stock position as of now.

Changing climatic patterns

In the recent past years, monsoon has become unpredictable. While the cumulative rainfall remains by and large same, the distribution has become abnormal. Late arrival of monsoon, long dry spell, sporadic rainfall, scanty rain and erratic rain within a short span of time is becoming a normal phenomenon. Some 5-7 years ago, paddy transplantation used to be over by July-August but from past 3-4 years, it is getting over by September. Both spell as well as erratic rainfall within a small span of time is impacting the farm and farmers. As we have large area under rainfed conditions, the farmers are unable to transplant their crops or sow their seeds in case of delayed monsoon; while in case of high rainfall which creates flood like situation, the transplanted saplings get washed away, leading to the capital loss (Input, labour, land preparation, fertilizer, pesticide) of the farmer. In addition, it also impacts the nutritional well-being of the households.

Significance of addressing the situation

This situation is complex and thus it requires multistakeholder engagement and efforts from all directions. Building on the past, few things can help the small and marginal farmers overcome this situation.

Firstly, there is a need to educate all the stakeholders like cluster level federation, the village organisation and the SHGs, the Gram Sabhas, the professionals and the extension workers, on this situation and the probable solutions in terms of what will work and what will not.

The country still has around one and half month time available in hand. Within this period, we need to actively engage in the village to repair the water conservation structures like ponds, dams, wells repairs their bund, desilt them so that they can conserve more water. The conserved water can save the kharif crops in case of any dry spell/draught like situation.

Secondly, it is important to carry the agriculture planning differently this time. In most of the cases, agriculture plans are made keeping in view normal monsoon and the variations (deficits/ surplus) are not accounted for. This time it should include two parts, one water budgeting and the other crop planning, based on the current year predication and the water availability. Water budgeting needs to be done to assess the available water and accordingly the crops needs to be planned. This needs to be done by the Village organization, CLF & Gram sabha and climate smart crops like pulses, millets etc. are selected. Adequate focus should be kept that the water is available for drinking, domestic use for villagers and animals first.

Promoting water harvesting

Thirdly, community institution like CLF and FPO should promote suitable crops based on land type eg. Paddy in lowland and medium land. Many of the paddy varieties like Khandgiri, Lalat etc. which are 90-125 days long require less water. In medium land (where possible) and upland pulses, oilseeds and millets need to be promoted. The CLF should target ensuring cereals, legume, oilseed, vegetables in the ratio of 1:1:1:1 at households. There is a need for shift of focus from more cereals to mix of crops that are climate responsive, nutrition sensitivite and bring economic prosperity for the farmers. Additionally, systems like seed bank and custom hiring centre will be required at panchayat level.

Water harvesting structures need to be promoted, keeping Integrated Natural Resource management in practice; to harvest and conserve water and moisture. Lastly, renewable energy will help reduce the climate risk where solar lift irrigation can be promoted as a way towards safer and greener climate approach. This will reduce our dependency on diesel and petrol or kerosine. Small machines (0.5HP-1HP) with movable pipes work well in case of Individual HHs, while community-based lift irrigation of 5HP is able to irrigate 10-15 acres of land under cash crops. Creation of assured area under irrigation helps farmers engage round the year with fields. Vegetable cultivation has the potential to give INR 1 Lakh per acre to the small and marginal farmer. Approaches like regenerative agriculture & production cluster liked with FPO-AE-BRC (Farmer producer organization-Agriculture Entrepreneur-Bio Resource Centre) will bring assured market access to the farmer bridging the forward backward linkage gap.

Thus, we need to include a multiprong strategy to approach the whole issue. While climate shifts cannot be controlled, newer kinds of agriculture can be developed. Only short-term planning will not work; we need to have a medium as well as a long-term plan looking into climate as a core pillar. Livelihood, climate and nutrition should go parallel and should be led by community collective.

The author is Integrator, PRADAN

Published on June 13, 2026