If there is one challenge that is staring hard at the face of the economy, it is definitely the El Nino. From weather conditions to the water levels to the economy, the impact is far reaching and multi-fold. The Reserve Bank of India (RBI) too has raised its inflation outlook. According to experts, the impact could be seen across a host of sectors. The El Nino may impact demand across multiple sectors 2 key Indian states have declared drought and many others are facing similar conditions.The El Nino and weak monsoon that has led to crop damage, reservoir level deficit and slowdown in rural demand. However, the worry is not only limited to the rural or agriculture sector.