The IMD has forecast a below-normal monsoon (92% of LPA) for 2026, posing risks to agriculture and inflation. However, high public food grain stocks (60.4 MT) provide a critical buffer. The editorial argues for a strategic shift from 'just-in-time' to 'just-in-case' resilience, acknowledging the fiscal costs involved in building such buffers.
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- ›Monsoon Forecast 2026: 92% of Long Period Average (LPA)
- ›Food Stocks (Apr 1): 60.4 Million Tonnes
- ›Target this Data: 92% LPA monsoon forecast for 2026.
- ›Target this Nodal Body: India Meteorological Department (IMD).
- ›Target this Data: 60.4 million tonnes of food stocks on April 1.
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