We Mean Business: How will weak monsoon impact growth?
July 5, 2012 | Duration: 36 min, 56 sec
The poor monsoon is now beginning to worry India's policymakers. The delay is intensifying worries of a shortfall in summer-sown crops, which may lead to higher prices despite the adequate grain stocks. Also, rains are a key determinant of rural incomes and consumer spending. On We Mean Business, NDTV's Shweta Rajpal Kohli, Gurnam Arora, Joint MD, Kohinoor Foods Ltd, Jatin Singh, Founder & CEO, Skymet Weather Services Pvt Ltd, DK Joshi, Chief Economist & Senior Director, CRISIL, PK Mishra, Former Secretary, Ministry Of Agriculture, Dr. Gopal Naik, Professor, Centre for Public Policy& IIM Bangalore, discuss how badly can the poor monsoon impact India's growth.