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LATEST NEWS UPDATES | Explained: With better monsoon, what is the outlook for India’s farm sector? -Udit Misra

Explained: With better monsoon, what is the outlook for India’s farm sector? -Udit Misra

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published Published on Aug 25, 2020   modified Modified on Aug 27, 2020

-The Indian Express

More and better-distributed rainfall this year is likely to result in higher sowing, higher production, productivity and profitability for the agriculture sector.

While it is clear that India’s broader economy will contract this year, it is also true that well-distributed rainfall has meant that the agriculture sector per se may be quite productive this year.

A new report by Crisil throws light on the prospects of the farm sector. Here’s a closer look at the farm sectors and its prospects.

* What is the status of Southwest monsoon?

As of August 21, monsoon is 7 per cent above normal, according to the Crisil report. “Rains in India, normal and most well spread in three years – across time and regions so far,” it states.

Please click here to read more.


The Indian Express, 25 August, 2020, https://indianexpress.com/article/explained/monsoon-rains-outlook-for-indias-farm-sector-6568185/


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