Farmers' hopes for bumper crops following this year's abundant monsoon rains were dashed by heavy downpours just before harvest that damaged their fields, crushing the dreams of millions who rely solely on agriculture for their livelihoods.
The losses to crops such as cotton and soybean are expected to slow agricultural growth, boost farmers' debt and cap rural consumption, which had been set to rise after New Delhi slashed taxes on hundreds of consumer items.
"We had hoped to harvest 10 to 12 quintals of soybean per acre, but now we'll be lucky to get 2 to 3 quintals — and even that will require significant additional expenses," said farmer Kishore Hangargekar.
He was speaking after two days of unrelenting rain flooded his fields and submerged his crops in the district of Dharashiv in

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