India builds record grain reserves as El Nino returns

India's grain reserves have hit record levels, with rice stocks up 15% and wheat inventories at a five-year high, underscoring the nation's preparedness against potential food security threats. This surge is a result of strong farmer procurement and favorable crop conditions. As El Niño looms, these reserves provide a safety net that could also allow for strategic exports, highlighting the government's proactive stance in managing food supply amidst climatic uncertainties.