El Nino may result in 5% deficit rainfall and 1.75% reduced GDP

The Assocham has assessed that the El Nino weather effect could result in a reduction of five per cent rain in the country, which could result in a deficit of about 1.75% of economic output amounting to 1,80,000 crores, affecting lakhs of unskilled jobs, particularly in the agriculture sector.

Medaram Jathara

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