Farmer Ramesh Valvi abandoned plans to buy a ₹4.5 lakh tractor after his maize and tur crops failed in Maharashtra's Mandvi village due to deficient rainfall.
India registered its fifth-driest June since 1901 with a 39.8% rainfall deficit, while the southwest monsoon ended with a 12.6% downfall and reservoir levels depleted to 68.6% of capacity by October 15.
National complex fertiliser sales fell by more than 20% in April-September, and tractor retail sales dropped 18% year-on-year in September as farmers redirected savings toward household needs.