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Irregular monsoon distribution may hit: Crop damage raises price push concerns, says report

A recent ICICI bank report indicates that uneven rainfall distribution across India may trigger supply distress and price increases for key crops due to potential crop damage in affected regions. While overall kharif sowing shows encouraging growth, the report cautions that deficient rainfall in states like Bihar and Telangana could negatively impact crop production, leading to supply-driven price hikes.