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Siraj Hussain

Former India Agriculture Secretary; FICCI food processing adviser
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BullGlobal Equities leaning · 2026-07-17
India's monsoon deficit is 'quite large and some 60 percent of districts have deficient rainfall' @27:21; 'the production of maize is going to be lower, the production of cotton may be lower, and especially pulses and oil seeds production may be lower' @31:08-31:21; overall foodgrain output should hold (only ~5% drop even in the 2015-16 double drought) @30:49-31:02. Distribution of rain 'from now till the end of August' is the swing factor @31:57.
“But I think we will see inflation in pulses, we will see inflation in oil seeds, as I said. And therefore, food inflation may cross 6-7% consumer food inflation.”
Siraj Hussain · Former India Agriculture Secretary; FICCI food processing adviser · Bloomberg ↗
NeutralGlobal Equities 2026-07-17
Also: 'I do not see any increase in the minimum support price' @35:08, though a drought bonus is possible and any rabi hike would stay 'in the range of 3 to 6 percent' @35:25; on fertilizer he sees no crisis: 'I do not think that we are going to have any serious crisis of fertilizers, even in rabi crop' @41:36. Canonical mapped to inflation as nearest existing key (no India topic exists); flagging for topic review.
“So elections are due in several large states in 2027. So I do not think that we will see any serious reforms in agriculture policy.”
Siraj Hussain · Former India Agriculture Secretary; FICCI food processing adviser · Bloomberg ↗

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