Patchy rains send inflation jitters, but not everyone's alarmed

For instance, Crisil Research said though there is stress in a couple of states and crops, there is no big reason for alarm

As the southwest monsoon enters its second break phase, concerns have started emanating in various quarters that uneven rains will impact final kharif output, and thereby food inflation, particularly among oilseeds and pulses, in the coming months.

The fears have gained more traction as the monsoon has now entered its final phase with just a month left before the rains start retreating from the mainland. Bloomberg reported that volatile and below-normal monsoon rainfall may create challenges for inflation and economic growth in rural areas over the medium-term, quoting Barclays Plc’s Chief India Economist Rahul Bajoria 

“The nation is facing an 8