Heavy rains and floods could hit food prices and harvests: Crisil
Persistent heavy rains and floods have damaged crops across several Indian states, including Punjab, Haryana, Rajasthan, and MP. Key crops like paddy, cotton, sugarcane, soybean, and pulses face reduced yields due to waterlogging, disease, and flower drop. Crisil warns that further losses could raise food inflation and impact consumption, making September critical for economic stability.