# This is how New Delhi ruins a good monsoon to create food inflation | Economy & Policy Top Features - Business Standard

> India received 97% of its average monsoon rainfall, its first normal monsoon in three years. The article argues that government minimum support price decisions and policy interventions, rather than rainfall, are likely to drive food inflation.

- Date: 2016-11-05 · published 2016-11-05T12:00:00.000Z
- Category: weather · region India · magnitude low
- Page: https://feedsoft.ai/events/73832-this-is-how-new-delhi-ruins-a-good-monsoon-to-create-food-inflation-economy-and
- Commodities: [Rough Rice](https://feedsoft.ai/c/RICE.md), [Wheat (SRW)](https://feedsoft.ai/c/WHEAT.md)

## Why it matters

A normal monsoon improves Indian crop prospects, but policy-set support prices may keep domestic food costs high. This supports Indian demand for imported feed and food commodities over the near term.

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| RICE | 2020-03-19 | [El Nino may be 'neutral', raises hopes of normal rains this year \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/54062-el-nino-may-be-neutral-raises-hopes-of-normal-rains-this-year-economy-and.md) | -4.7% | +0.2% |
| RICE | 2017-09-27 | [Basmati rice to remain costlier this year on lower output estimates \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/68936-basmati-rice-to-remain-costlier-this-year-on-lower-output-estimates-economy-and.md) | +0.4% | -3.0% |
| RICE | 2019-07-29 | [Food to get costlier: Inflation may rise as poor monsoon rains hit rice, food grain output - Economy News \| The Financial Express](https://feedsoft.ai/events/58050-food-to-get-costlier-inflation-may-rise-as-poor-monsoon-rains-hit-rice-food.md) | -4.0% | -10.0% |
| RICE | 2021-08-23 | [Crop sowing lags in India on scanty rains, raises concerns over yields \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/45520-crop-sowing-lags-in-india-on-scanty-rains-raises-concerns-over-yields-economy.md) | -0.3% | +3.4% |
| RICE | 2017-11-03 | [Paddy bonus casts shadow over rice export in Chhattisgarh \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/67957-paddy-bonus-casts-shadow-over-rice-export-in-chhattisgarh-economy-and-policy.md) | +0.2% | +11.7% |
| WHEAT | 2020-06-02 | [Adverse weather conditions, lockdown to hit output of Rabi crops: Report \| Economy & Policy News - Business Standard](https://feedsoft.ai/events/52591-adverse-weather-conditions-lockdown-to-hit-output-of-rabi-crops-report-economy.md) | +0.0% | +0.7% |
| WHEAT | 2026-01-31 | [High temperatures, low rains could impact rabi crops in Feb, says IMD \| India News - Business Standard](https://feedsoft.ai/events/20957-high-temperatures-low-rains-could-impact-rabi-crops-in-feb-says-imd-india-news.md) | -0.4% | +4.8% |
| WHEAT | 2017-10-04 | [Rabi crops at risk as muted monsoon cuts water level \| Commodity - Food & Edible Oils - Business Standard](https://feedsoft.ai/events/68440-rabi-crops-at-risk-as-muted-monsoon-cuts-water-level-commodity-food-and-edible.md) | +4.5% | +0.0% |

## Sources

- business-standard.com: https://www.business-standard.com/article/economy-policy/this-is-how-new-delhi-ruins-a-good-monsoon-to-create-food-inflation-116110500979_1.html

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.