Warmer winter could impact crop yields, delay moderation in food inflation

Published in the Moneycontrol | December 2024

Ajay Kakra, Associate Partner, Food & Agriculture, Government, Infrastructure and Development sector Advisory Services, Forvis Mazars in India, provided a broader perspective. “The impact of a warm winter on food inflation cannot be overlooked, as it disrupts traditional agricultural cycles and reduces agricultural output through poor germination, low moisture uptake, variable plant growth, and increased disease infestation. As per an estimate by the Indian Council of Agricultural Research (ICAR), with every degree rise in temperature, India's wheat production has been reduced by 4-5 million tonnes.

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