Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 73
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 73
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
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Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Deprecated (16384): The ArrayAccess methods will be removed in 4.0.0.Use getParam(), getData() and getQuery() instead. - /home/brlfuser/public_html/src/Controller/ArtileDetailController.php, line: 74
 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php. [CORE/src/Core/functions.php, line 311]
Code Context


        trigger_error($message, E_USER_DEPRECATED);

    }
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 You can disable deprecation warnings by setting `Error.errorLevel` to `E_ALL & ~E_USER_DEPRECATED` in your config/app.php.'
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deprecationWarning - CORE/src/Core/functions.php, line 311
Cake\Http\ServerRequest::offsetGet() - CORE/src/Http/ServerRequest.php, line 2421
App\Controller\ArtileDetailController::printArticle() - APP/Controller/ArtileDetailController.php, line 74
Cake\Controller\Controller::invokeAction() - CORE/src/Controller/Controller.php, line 610
Cake\Http\ActionDispatcher::_invoke() - CORE/src/Http/ActionDispatcher.php, line 120
Cake\Http\ActionDispatcher::dispatch() - CORE/src/Http/ActionDispatcher.php, line 94
Cake\Http\BaseApplication::__invoke() - CORE/src/Http/BaseApplication.php, line 235
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\RoutingMiddleware::__invoke() - CORE/src/Routing/Middleware/RoutingMiddleware.php, line 162
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Routing\Middleware\AssetMiddleware::__invoke() - CORE/src/Routing/Middleware/AssetMiddleware.php, line 88
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Error\Middleware\ErrorHandlerMiddleware::__invoke() - CORE/src/Error/Middleware/ErrorHandlerMiddleware.php, line 96
Cake\Http\Runner::__invoke() - CORE/src/Http/Runner.php, line 65
Cake\Http\Runner::run() - CORE/src/Http/Runner.php, line 51
Cake\Http\Server::run() - CORE/src/Http/Server.php, line 98

Warning (512): Unable to emit headers. Headers sent in file=/home/brlfuser/public_html/vendor/cakephp/cakephp/src/Error/Debugger.php line=853 [CORE/src/Http/ResponseEmitter.php, line 48]
Code Context
            if (Configure::read('debug')) {

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    <link rel="canonical" href="https://im4change.in/<pre class="cake-error"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f1871debee7-trace').style.display = (document.getElementById('cakeErr67f1871debee7-trace').style.display == 'none' ? '' : 'none');"><b>Notice</b> (8)</a>: Undefined variable: urlPrefix [<b>APP/Template/Layout/printlayout.ctp</b>, line <b>8</b>]<div id="cakeErr67f1871debee7-trace" class="cake-stack-trace" style="display: none;"><a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f1871debee7-code').style.display = (document.getElementById('cakeErr67f1871debee7-code').style.display == 'none' ? '' : 'none')">Code</a> <a href="javascript:void(0);" onclick="document.getElementById('cakeErr67f1871debee7-context').style.display = (document.getElementById('cakeErr67f1871debee7-context').style.display == 'none' ? '' : 'none')">Context</a><pre id="cakeErr67f1871debee7-code" class="cake-code-dump" style="display: none;"><code><span style="color: #000000"><span style="color: #0000BB"></span><span style="color: #007700">&lt;</span><span style="color: #0000BB">head</span><span style="color: #007700">&gt;
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		&#039;title&#039; =&gt; &#039;Progress of rains less than ideal -Aditi Nayar&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The Hindu Business Line&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Low ground water levels have led to sluggish start to sowing of most kharif crops&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the 
country&amp;rsquo;s working population dependent on agriculture was at 38 per cent
in 2011-12 &amp;mdash; and this, even as the share of agriculture in the Indian 
economy stood at a modest 15 per cent in 2014-15. With the assurance of 
irrigation available for less than half of the net sown area, the volume
of rainfall, particularly during the monsoon period of June to 
September, remains vital for irrigating crops.&lt;br /&gt;
&lt;br /&gt;
Even though the 
non-crop sectors have gained significance in driving the rural economy, 
the volume of rainfall is key for various activities, including drinking
water for the populace and livestock. Moreover, storage levels in 
reservoirs affect the generation of hydroelectricity.&lt;br /&gt;
&lt;br /&gt;
As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Unsteady start&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
After
the distressing deficits of 12 per cent and 14 per cent, respectively, 
in 2014 and 2015, the India Meteorological Department&amp;rsquo;s (IMD) forecast 
that monsoon rainfall will be 6 per cent higher than the long period 
average (LPA) in 2016 brought cheer to the farm economy as well as the 
producers of goods and services catering to the rural sector.&lt;br /&gt;
&lt;br /&gt;
Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.&lt;br /&gt;
&lt;br /&gt;
Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Positive outlook&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
However,
the IMD has projected rainfall over the country to exceed the LPA by 7 
per cent and 4 per cent, respectively, during July and August 2016, 
thereby making up for the June deficit. Precipitation in September 2016 
would still need to exceed the LPA by as much as 24 per cent to validate
the IMD&amp;rsquo;s forecast for the 2016 monsoon.&lt;br /&gt;
&lt;br /&gt;
The dreaded &amp;ldquo;El Nino&amp;rdquo; 
conditions over the equatorial Pacific Ocean have weakened and the 
expectation of the more beneficial &amp;ldquo;La Nina&amp;rdquo; conditions being 
established as the monsoon progresses augurs well for heavier rainfall 
towards the end of the season.&lt;br /&gt;
&lt;br /&gt;
However, the expected temporal 
distribution in 2016, i.e. a deficit in June followed by excess rainfall
in the ensuing three months, particularly in September, is admittedly 
less than ideal. This is particularly so in the prevailing scenario of 
low groundwater and reservoir levels, which have led to a sluggish start
to the sowing of most kharif crops. Heavy rainfall in September, when 
the crops are closer to maturity, may be somewhat counter-productive for
the standing kharif crop.&lt;br /&gt;
&lt;em&gt;&lt;br /&gt;
Contrasting trends&lt;/em&gt;&lt;br /&gt;
&lt;br /&gt;
The 
expected turnaround in the performance of agriculture is likely to 
reinvigorate rural demand in the second half of this fiscal. 
Nevertheless, some selective indicators are likely to see a contrasting 
trend. For instance, lower demand for pumping ground water for 
irrigation would dampen the pace of growth of diesel consumption.&lt;br /&gt;
&lt;br /&gt;
Food
inflation is expected to dip as the monsoon progresses, taking a cue 
from improved kharif acreages, as well as lower prices of perishables 
following a decline in temperatures, even if their output is not 
correlated with the monsoon. A favourable monsoon may also benefit the 
fiscal health of the Central and State Governments, particularly if 
demand for work under the MGNREGA eases and less funds are required for 
activities such as drought relief.&lt;br /&gt;
&lt;br /&gt;
While the monsoon may turn out
to be favourable in 2016, a concerted effort is required to reduce the 
vulnerability to variations in rainfall. Augmenting the storage of 
rainwater and reducing run-off; switching to less water-intensive crops;
expediently completing pending irrigation projects and adopting more 
efficient methods of irrigation &amp;mdash; these would ease India&amp;rsquo;s dependence on
monsoon.&lt;br /&gt;
&lt;em&gt;&lt;br /&gt;
The writer is Senior Economist, ICRA&lt;/em&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Hindu Business Line, 3 July, 2016, http://www.thehindubusinessline.com/portfolio/real-assets/progress-of-rains-less-than-ideal/article8804154.ece?homepage=true&#039;,
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-The Hindu Business Line

Low ground water levels have led to sluggish start to sowing of most kharif crops

Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Hindu Business Line&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Low ground water levels have led to sluggish start to sowing of most kharif crops&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;PayCommission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country&amp;rsquo;s working population dependent on agriculture was at 38 per centin 2011-12 &amp;mdash; and this, even as the share of agriculture in the Indian economy stood at a modest 15 per cent in 2014-15. With the assurance of irrigation available for less than half of the net sown area, the volumeof rainfall, particularly during the monsoon period of June to September, remains vital for irrigating crops.&lt;br /&gt;&lt;br /&gt;Even though the non-crop sectors have gained significance in driving the rural economy, the volume of rainfall is key for various activities, including drinkingwater for the populace and livestock. Moreover, storage levels in reservoirs affect the generation of hydroelectricity.&lt;br /&gt;&lt;br /&gt;As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Unsteady start&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Afterthe distressing deficits of 12 per cent and 14 per cent, respectively, in 2014 and 2015, the India Meteorological Department&amp;rsquo;s (IMD) forecast that monsoon rainfall will be 6 per cent higher than the long period average (LPA) in 2016 brought cheer to the farm economy as well as the producers of goods and services catering to the rural sector.&lt;br /&gt;&lt;br /&gt;Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.&lt;br /&gt;&lt;br /&gt;Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Positive outlook&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;However,the IMD has projected rainfall over the country to exceed the LPA by 7 per cent and 4 per cent, respectively, during July and August 2016, thereby making up for the June deficit. Precipitation in September 2016 would still need to exceed the LPA by as much as 24 per cent to validatethe IMD&amp;rsquo;s forecast for the 2016 monsoon.&lt;br /&gt;&lt;br /&gt;The dreaded &amp;ldquo;El Nino&amp;rdquo; conditions over the equatorial Pacific Ocean have weakened and the expectation of the more beneficial &amp;ldquo;La Nina&amp;rdquo; conditions being established as the monsoon progresses augurs well for heavier rainfall towards the end of the season.&lt;br /&gt;&lt;br /&gt;However, the expected temporal distribution in 2016, i.e. a deficit in June followed by excess rainfallin the ensuing three months, particularly in September, is admittedly less than ideal. This is particularly so in the prevailing scenario of low groundwater and reservoir levels, which have led to a sluggish startto the sowing of most kharif crops. Heavy rainfall in September, when the crops are closer to maturity, may be somewhat counter-productive forthe standing kharif crop.&lt;br /&gt;&lt;em&gt;&lt;br /&gt;Contrasting trends&lt;/em&gt;&lt;br /&gt;&lt;br /&gt;The expected turnaround in the performance of agriculture is likely to reinvigorate rural demand in the second half of this fiscal. Nevertheless, some selective indicators are likely to see a contrasting trend. For instance, lower demand for pumping ground water for irrigation would dampen the pace of growth of diesel consumption.&lt;br /&gt;&lt;br /&gt;Foodinflation is expected to dip as the monsoon progresses, taking a cue from improved kharif acreages, as well as lower prices of perishables following a decline in temperatures, even if their output is not correlated with the monsoon. A favourable monsoon may also benefit the fiscal health of the Central and State Governments, particularly if demand for work under the MGNREGA eases and less funds are required for activities such as drought relief.&lt;br /&gt;&lt;br /&gt;While the monsoon may turn outto be favourable in 2016, a concerted effort is required to reduce the vulnerability to variations in rainfall. Augmenting the storage of rainwater and reducing run-off; switching to less water-intensive crops;expediently completing pending irrigation projects and adopting more efficient methods of irrigation &amp;mdash; these would ease India&amp;rsquo;s dependence onmonsoon.&lt;br /&gt;&lt;em&gt;&lt;br /&gt;The writer is Senior Economist, ICRA&lt;/em&gt;&lt;/div&gt;&#039;,
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	&#039;id&#039; =&gt; (int) 31617,
	&#039;title&#039; =&gt; &#039;Progress of rains less than ideal -Aditi Nayar&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The Hindu Business Line&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Low ground water levels have led to sluggish start to sowing of most kharif crops&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the 
country&amp;rsquo;s working population dependent on agriculture was at 38 per cent
in 2011-12 &amp;mdash; and this, even as the share of agriculture in the Indian 
economy stood at a modest 15 per cent in 2014-15. With the assurance of 
irrigation available for less than half of the net sown area, the volume
of rainfall, particularly during the monsoon period of June to 
September, remains vital for irrigating crops.&lt;br /&gt;
&lt;br /&gt;
Even though the 
non-crop sectors have gained significance in driving the rural economy, 
the volume of rainfall is key for various activities, including drinking
water for the populace and livestock. Moreover, storage levels in 
reservoirs affect the generation of hydroelectricity.&lt;br /&gt;
&lt;br /&gt;
As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Unsteady start&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
After
the distressing deficits of 12 per cent and 14 per cent, respectively, 
in 2014 and 2015, the India Meteorological Department&amp;rsquo;s (IMD) forecast 
that monsoon rainfall will be 6 per cent higher than the long period 
average (LPA) in 2016 brought cheer to the farm economy as well as the 
producers of goods and services catering to the rural sector.&lt;br /&gt;
&lt;br /&gt;
Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.&lt;br /&gt;
&lt;br /&gt;
Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Positive outlook&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
However,
the IMD has projected rainfall over the country to exceed the LPA by 7 
per cent and 4 per cent, respectively, during July and August 2016, 
thereby making up for the June deficit. Precipitation in September 2016 
would still need to exceed the LPA by as much as 24 per cent to validate
the IMD&amp;rsquo;s forecast for the 2016 monsoon.&lt;br /&gt;
&lt;br /&gt;
The dreaded &amp;ldquo;El Nino&amp;rdquo; 
conditions over the equatorial Pacific Ocean have weakened and the 
expectation of the more beneficial &amp;ldquo;La Nina&amp;rdquo; conditions being 
established as the monsoon progresses augurs well for heavier rainfall 
towards the end of the season.&lt;br /&gt;
&lt;br /&gt;
However, the expected temporal 
distribution in 2016, i.e. a deficit in June followed by excess rainfall
in the ensuing three months, particularly in September, is admittedly 
less than ideal. This is particularly so in the prevailing scenario of 
low groundwater and reservoir levels, which have led to a sluggish start
to the sowing of most kharif crops. Heavy rainfall in September, when 
the crops are closer to maturity, may be somewhat counter-productive for
the standing kharif crop.&lt;br /&gt;
&lt;em&gt;&lt;br /&gt;
Contrasting trends&lt;/em&gt;&lt;br /&gt;
&lt;br /&gt;
The 
expected turnaround in the performance of agriculture is likely to 
reinvigorate rural demand in the second half of this fiscal. 
Nevertheless, some selective indicators are likely to see a contrasting 
trend. For instance, lower demand for pumping ground water for 
irrigation would dampen the pace of growth of diesel consumption.&lt;br /&gt;
&lt;br /&gt;
Food
inflation is expected to dip as the monsoon progresses, taking a cue 
from improved kharif acreages, as well as lower prices of perishables 
following a decline in temperatures, even if their output is not 
correlated with the monsoon. A favourable monsoon may also benefit the 
fiscal health of the Central and State Governments, particularly if 
demand for work under the MGNREGA eases and less funds are required for 
activities such as drought relief.&lt;br /&gt;
&lt;br /&gt;
While the monsoon may turn out
to be favourable in 2016, a concerted effort is required to reduce the 
vulnerability to variations in rainfall. Augmenting the storage of 
rainwater and reducing run-off; switching to less water-intensive crops;
expediently completing pending irrigation projects and adopting more 
efficient methods of irrigation &amp;mdash; these would ease India&amp;rsquo;s dependence on
monsoon.&lt;br /&gt;
&lt;em&gt;&lt;br /&gt;
The writer is Senior Economist, ICRA&lt;/em&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Hindu Business Line, 3 July, 2016, http://www.thehindubusinessline.com/portfolio/real-assets/progress-of-rains-less-than-ideal/article8804154.ece?homepage=true&#039;,
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-The Hindu Business Line

Low ground water levels have led to sluggish start to sowing of most kharif crops

Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the...&#039;
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Low ground water levels have led to sluggish start to sowing of most kharif crops

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                <strong>Progress of rains less than ideal -Aditi Nayar</strong></h1>
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                <div align="justify">-The Hindu Business Line<br /><br /><em>Low ground water levels have led to sluggish start to sowing of most kharif crops<br /></em><br />PayCommission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country&rsquo;s working population dependent on agriculture was at 38 per centin 2011-12 &mdash; and this, even as the share of agriculture in the Indian economy stood at a modest 15 per cent in 2014-15. With the assurance of irrigation available for less than half of the net sown area, the volumeof rainfall, particularly during the monsoon period of June to September, remains vital for irrigating crops.<br /><br />Even though the non-crop sectors have gained significance in driving the rural economy, the volume of rainfall is key for various activities, including drinkingwater for the populace and livestock. Moreover, storage levels in reservoirs affect the generation of hydroelectricity.<br /><br />As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.<br /><br /><em>Unsteady start<br /></em><br />Afterthe distressing deficits of 12 per cent and 14 per cent, respectively, in 2014 and 2015, the India Meteorological Department&rsquo;s (IMD) forecast that monsoon rainfall will be 6 per cent higher than the long period average (LPA) in 2016 brought cheer to the farm economy as well as the producers of goods and services catering to the rural sector.<br /><br />Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.<br /><br />Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.<br /><br /><em>Positive outlook<br /></em><br />However,the IMD has projected rainfall over the country to exceed the LPA by 7 per cent and 4 per cent, respectively, during July and August 2016, thereby making up for the June deficit. Precipitation in September 2016 would still need to exceed the LPA by as much as 24 per cent to validatethe IMD&rsquo;s forecast for the 2016 monsoon.<br /><br />The dreaded &ldquo;El Nino&rdquo; conditions over the equatorial Pacific Ocean have weakened and the expectation of the more beneficial &ldquo;La Nina&rdquo; conditions being established as the monsoon progresses augurs well for heavier rainfall towards the end of the season.<br /><br />However, the expected temporal distribution in 2016, i.e. a deficit in June followed by excess rainfallin the ensuing three months, particularly in September, is admittedly less than ideal. This is particularly so in the prevailing scenario of low groundwater and reservoir levels, which have led to a sluggish startto the sowing of most kharif crops. Heavy rainfall in September, when the crops are closer to maturity, may be somewhat counter-productive forthe standing kharif crop.<br /><em><br />Contrasting trends</em><br /><br />The expected turnaround in the performance of agriculture is likely to reinvigorate rural demand in the second half of this fiscal. Nevertheless, some selective indicators are likely to see a contrasting trend. For instance, lower demand for pumping ground water for irrigation would dampen the pace of growth of diesel consumption.<br /><br />Foodinflation is expected to dip as the monsoon progresses, taking a cue from improved kharif acreages, as well as lower prices of perishables following a decline in temperatures, even if their output is not correlated with the monsoon. A favourable monsoon may also benefit the fiscal health of the Central and State Governments, particularly if demand for work under the MGNREGA eases and less funds are required for activities such as drought relief.<br /><br />While the monsoon may turn outto be favourable in 2016, a concerted effort is required to reduce the vulnerability to variations in rainfall. Augmenting the storage of rainwater and reducing run-off; switching to less water-intensive crops;expediently completing pending irrigation projects and adopting more efficient methods of irrigation &mdash; these would ease India&rsquo;s dependence onmonsoon.<br /><em><br />The writer is Senior Economist, ICRA</em></div>               </font>
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		&#039;id&#039; =&gt; (int) 31617,
		&#039;title&#039; =&gt; &#039;Progress of rains less than ideal -Aditi Nayar&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The Hindu Business Line&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Low ground water levels have led to sluggish start to sowing of most kharif crops&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the 
country&amp;rsquo;s working population dependent on agriculture was at 38 per cent
in 2011-12 &amp;mdash; and this, even as the share of agriculture in the Indian 
economy stood at a modest 15 per cent in 2014-15. With the assurance of 
irrigation available for less than half of the net sown area, the volume
of rainfall, particularly during the monsoon period of June to 
September, remains vital for irrigating crops.&lt;br /&gt;
&lt;br /&gt;
Even though the 
non-crop sectors have gained significance in driving the rural economy, 
the volume of rainfall is key for various activities, including drinking
water for the populace and livestock. Moreover, storage levels in 
reservoirs affect the generation of hydroelectricity.&lt;br /&gt;
&lt;br /&gt;
As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Unsteady start&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
After
the distressing deficits of 12 per cent and 14 per cent, respectively, 
in 2014 and 2015, the India Meteorological Department&amp;rsquo;s (IMD) forecast 
that monsoon rainfall will be 6 per cent higher than the long period 
average (LPA) in 2016 brought cheer to the farm economy as well as the 
producers of goods and services catering to the rural sector.&lt;br /&gt;
&lt;br /&gt;
Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.&lt;br /&gt;
&lt;br /&gt;
Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Positive outlook&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
However,
the IMD has projected rainfall over the country to exceed the LPA by 7 
per cent and 4 per cent, respectively, during July and August 2016, 
thereby making up for the June deficit. Precipitation in September 2016 
would still need to exceed the LPA by as much as 24 per cent to validate
the IMD&amp;rsquo;s forecast for the 2016 monsoon.&lt;br /&gt;
&lt;br /&gt;
The dreaded &amp;ldquo;El Nino&amp;rdquo; 
conditions over the equatorial Pacific Ocean have weakened and the 
expectation of the more beneficial &amp;ldquo;La Nina&amp;rdquo; conditions being 
established as the monsoon progresses augurs well for heavier rainfall 
towards the end of the season.&lt;br /&gt;
&lt;br /&gt;
However, the expected temporal 
distribution in 2016, i.e. a deficit in June followed by excess rainfall
in the ensuing three months, particularly in September, is admittedly 
less than ideal. This is particularly so in the prevailing scenario of 
low groundwater and reservoir levels, which have led to a sluggish start
to the sowing of most kharif crops. Heavy rainfall in September, when 
the crops are closer to maturity, may be somewhat counter-productive for
the standing kharif crop.&lt;br /&gt;
&lt;em&gt;&lt;br /&gt;
Contrasting trends&lt;/em&gt;&lt;br /&gt;
&lt;br /&gt;
The 
expected turnaround in the performance of agriculture is likely to 
reinvigorate rural demand in the second half of this fiscal. 
Nevertheless, some selective indicators are likely to see a contrasting 
trend. For instance, lower demand for pumping ground water for 
irrigation would dampen the pace of growth of diesel consumption.&lt;br /&gt;
&lt;br /&gt;
Food
inflation is expected to dip as the monsoon progresses, taking a cue 
from improved kharif acreages, as well as lower prices of perishables 
following a decline in temperatures, even if their output is not 
correlated with the monsoon. A favourable monsoon may also benefit the 
fiscal health of the Central and State Governments, particularly if 
demand for work under the MGNREGA eases and less funds are required for 
activities such as drought relief.&lt;br /&gt;
&lt;br /&gt;
While the monsoon may turn out
to be favourable in 2016, a concerted effort is required to reduce the 
vulnerability to variations in rainfall. Augmenting the storage of 
rainwater and reducing run-off; switching to less water-intensive crops;
expediently completing pending irrigation projects and adopting more 
efficient methods of irrigation &amp;mdash; these would ease India&amp;rsquo;s dependence on
monsoon.&lt;br /&gt;
&lt;em&gt;&lt;br /&gt;
The writer is Senior Economist, ICRA&lt;/em&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Hindu Business Line, 3 July, 2016, http://www.thehindubusinessline.com/portfolio/real-assets/progress-of-rains-less-than-ideal/article8804154.ece?homepage=true&#039;,
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-The Hindu Business Line

Low ground water levels have led to sluggish start to sowing of most kharif crops

Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Hindu Business Line&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Low ground water levels have led to sluggish start to sowing of most kharif crops&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;PayCommission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country&amp;rsquo;s working population dependent on agriculture was at 38 per centin 2011-12 &amp;mdash; and this, even as the share of agriculture in the Indian economy stood at a modest 15 per cent in 2014-15. With the assurance of irrigation available for less than half of the net sown area, the volumeof rainfall, particularly during the monsoon period of June to September, remains vital for irrigating crops.&lt;br /&gt;&lt;br /&gt;Even though the non-crop sectors have gained significance in driving the rural economy, the volume of rainfall is key for various activities, including drinkingwater for the populace and livestock. Moreover, storage levels in reservoirs affect the generation of hydroelectricity.&lt;br /&gt;&lt;br /&gt;As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Unsteady start&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Afterthe distressing deficits of 12 per cent and 14 per cent, respectively, in 2014 and 2015, the India Meteorological Department&amp;rsquo;s (IMD) forecast that monsoon rainfall will be 6 per cent higher than the long period average (LPA) in 2016 brought cheer to the farm economy as well as the producers of goods and services catering to the rural sector.&lt;br /&gt;&lt;br /&gt;Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.&lt;br /&gt;&lt;br /&gt;Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Positive outlook&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;However,the IMD has projected rainfall over the country to exceed the LPA by 7 per cent and 4 per cent, respectively, during July and August 2016, thereby making up for the June deficit. Precipitation in September 2016 would still need to exceed the LPA by as much as 24 per cent to validatethe IMD&amp;rsquo;s forecast for the 2016 monsoon.&lt;br /&gt;&lt;br /&gt;The dreaded &amp;ldquo;El Nino&amp;rdquo; conditions over the equatorial Pacific Ocean have weakened and the expectation of the more beneficial &amp;ldquo;La Nina&amp;rdquo; conditions being established as the monsoon progresses augurs well for heavier rainfall towards the end of the season.&lt;br /&gt;&lt;br /&gt;However, the expected temporal distribution in 2016, i.e. a deficit in June followed by excess rainfallin the ensuing three months, particularly in September, is admittedly less than ideal. This is particularly so in the prevailing scenario of low groundwater and reservoir levels, which have led to a sluggish startto the sowing of most kharif crops. Heavy rainfall in September, when the crops are closer to maturity, may be somewhat counter-productive forthe standing kharif crop.&lt;br /&gt;&lt;em&gt;&lt;br /&gt;Contrasting trends&lt;/em&gt;&lt;br /&gt;&lt;br /&gt;The expected turnaround in the performance of agriculture is likely to reinvigorate rural demand in the second half of this fiscal. Nevertheless, some selective indicators are likely to see a contrasting trend. For instance, lower demand for pumping ground water for irrigation would dampen the pace of growth of diesel consumption.&lt;br /&gt;&lt;br /&gt;Foodinflation is expected to dip as the monsoon progresses, taking a cue from improved kharif acreages, as well as lower prices of perishables following a decline in temperatures, even if their output is not correlated with the monsoon. A favourable monsoon may also benefit the fiscal health of the Central and State Governments, particularly if demand for work under the MGNREGA eases and less funds are required for activities such as drought relief.&lt;br /&gt;&lt;br /&gt;While the monsoon may turn outto be favourable in 2016, a concerted effort is required to reduce the vulnerability to variations in rainfall. Augmenting the storage of rainwater and reducing run-off; switching to less water-intensive crops;expediently completing pending irrigation projects and adopting more efficient methods of irrigation &amp;mdash; these would ease India&amp;rsquo;s dependence onmonsoon.&lt;br /&gt;&lt;em&gt;&lt;br /&gt;The writer is Senior Economist, ICRA&lt;/em&gt;&lt;/div&gt;&#039;,
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	&#039;id&#039; =&gt; (int) 31617,
	&#039;title&#039; =&gt; &#039;Progress of rains less than ideal -Aditi Nayar&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The Hindu Business Line&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Low ground water levels have led to sluggish start to sowing of most kharif crops&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the 
country&amp;rsquo;s working population dependent on agriculture was at 38 per cent
in 2011-12 &amp;mdash; and this, even as the share of agriculture in the Indian 
economy stood at a modest 15 per cent in 2014-15. With the assurance of 
irrigation available for less than half of the net sown area, the volume
of rainfall, particularly during the monsoon period of June to 
September, remains vital for irrigating crops.&lt;br /&gt;
&lt;br /&gt;
Even though the 
non-crop sectors have gained significance in driving the rural economy, 
the volume of rainfall is key for various activities, including drinking
water for the populace and livestock. Moreover, storage levels in 
reservoirs affect the generation of hydroelectricity.&lt;br /&gt;
&lt;br /&gt;
As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Unsteady start&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
After
the distressing deficits of 12 per cent and 14 per cent, respectively, 
in 2014 and 2015, the India Meteorological Department&amp;rsquo;s (IMD) forecast 
that monsoon rainfall will be 6 per cent higher than the long period 
average (LPA) in 2016 brought cheer to the farm economy as well as the 
producers of goods and services catering to the rural sector.&lt;br /&gt;
&lt;br /&gt;
Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.&lt;br /&gt;
&lt;br /&gt;
Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Positive outlook&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
However,
the IMD has projected rainfall over the country to exceed the LPA by 7 
per cent and 4 per cent, respectively, during July and August 2016, 
thereby making up for the June deficit. Precipitation in September 2016 
would still need to exceed the LPA by as much as 24 per cent to validate
the IMD&amp;rsquo;s forecast for the 2016 monsoon.&lt;br /&gt;
&lt;br /&gt;
The dreaded &amp;ldquo;El Nino&amp;rdquo; 
conditions over the equatorial Pacific Ocean have weakened and the 
expectation of the more beneficial &amp;ldquo;La Nina&amp;rdquo; conditions being 
established as the monsoon progresses augurs well for heavier rainfall 
towards the end of the season.&lt;br /&gt;
&lt;br /&gt;
However, the expected temporal 
distribution in 2016, i.e. a deficit in June followed by excess rainfall
in the ensuing three months, particularly in September, is admittedly 
less than ideal. This is particularly so in the prevailing scenario of 
low groundwater and reservoir levels, which have led to a sluggish start
to the sowing of most kharif crops. Heavy rainfall in September, when 
the crops are closer to maturity, may be somewhat counter-productive for
the standing kharif crop.&lt;br /&gt;
&lt;em&gt;&lt;br /&gt;
Contrasting trends&lt;/em&gt;&lt;br /&gt;
&lt;br /&gt;
The 
expected turnaround in the performance of agriculture is likely to 
reinvigorate rural demand in the second half of this fiscal. 
Nevertheless, some selective indicators are likely to see a contrasting 
trend. For instance, lower demand for pumping ground water for 
irrigation would dampen the pace of growth of diesel consumption.&lt;br /&gt;
&lt;br /&gt;
Food
inflation is expected to dip as the monsoon progresses, taking a cue 
from improved kharif acreages, as well as lower prices of perishables 
following a decline in temperatures, even if their output is not 
correlated with the monsoon. A favourable monsoon may also benefit the 
fiscal health of the Central and State Governments, particularly if 
demand for work under the MGNREGA eases and less funds are required for 
activities such as drought relief.&lt;br /&gt;
&lt;br /&gt;
While the monsoon may turn out
to be favourable in 2016, a concerted effort is required to reduce the 
vulnerability to variations in rainfall. Augmenting the storage of 
rainwater and reducing run-off; switching to less water-intensive crops;
expediently completing pending irrigation projects and adopting more 
efficient methods of irrigation &amp;mdash; these would ease India&amp;rsquo;s dependence on
monsoon.&lt;br /&gt;
&lt;em&gt;&lt;br /&gt;
The writer is Senior Economist, ICRA&lt;/em&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Hindu Business Line, 3 July, 2016, http://www.thehindubusinessline.com/portfolio/real-assets/progress-of-rains-less-than-ideal/article8804154.ece?homepage=true&#039;,
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-The Hindu Business Line

Low ground water levels have led to sluggish start to sowing of most kharif crops

Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the...&#039;
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Low ground water levels have led to sluggish start to sowing of most kharif crops

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                <strong>Progress of rains less than ideal -Aditi Nayar</strong></h1>
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                <div align="justify">-The Hindu Business Line<br /><br /><em>Low ground water levels have led to sluggish start to sowing of most kharif crops<br /></em><br />PayCommission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country&rsquo;s working population dependent on agriculture was at 38 per centin 2011-12 &mdash; and this, even as the share of agriculture in the Indian economy stood at a modest 15 per cent in 2014-15. With the assurance of irrigation available for less than half of the net sown area, the volumeof rainfall, particularly during the monsoon period of June to September, remains vital for irrigating crops.<br /><br />Even though the non-crop sectors have gained significance in driving the rural economy, the volume of rainfall is key for various activities, including drinkingwater for the populace and livestock. Moreover, storage levels in reservoirs affect the generation of hydroelectricity.<br /><br />As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.<br /><br /><em>Unsteady start<br /></em><br />Afterthe distressing deficits of 12 per cent and 14 per cent, respectively, in 2014 and 2015, the India Meteorological Department&rsquo;s (IMD) forecast that monsoon rainfall will be 6 per cent higher than the long period average (LPA) in 2016 brought cheer to the farm economy as well as the producers of goods and services catering to the rural sector.<br /><br />Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.<br /><br />Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.<br /><br /><em>Positive outlook<br /></em><br />However,the IMD has projected rainfall over the country to exceed the LPA by 7 per cent and 4 per cent, respectively, during July and August 2016, thereby making up for the June deficit. Precipitation in September 2016 would still need to exceed the LPA by as much as 24 per cent to validatethe IMD&rsquo;s forecast for the 2016 monsoon.<br /><br />The dreaded &ldquo;El Nino&rdquo; conditions over the equatorial Pacific Ocean have weakened and the expectation of the more beneficial &ldquo;La Nina&rdquo; conditions being established as the monsoon progresses augurs well for heavier rainfall towards the end of the season.<br /><br />However, the expected temporal distribution in 2016, i.e. a deficit in June followed by excess rainfallin the ensuing three months, particularly in September, is admittedly less than ideal. This is particularly so in the prevailing scenario of low groundwater and reservoir levels, which have led to a sluggish startto the sowing of most kharif crops. Heavy rainfall in September, when the crops are closer to maturity, may be somewhat counter-productive forthe standing kharif crop.<br /><em><br />Contrasting trends</em><br /><br />The expected turnaround in the performance of agriculture is likely to reinvigorate rural demand in the second half of this fiscal. Nevertheless, some selective indicators are likely to see a contrasting trend. For instance, lower demand for pumping ground water for irrigation would dampen the pace of growth of diesel consumption.<br /><br />Foodinflation is expected to dip as the monsoon progresses, taking a cue from improved kharif acreages, as well as lower prices of perishables following a decline in temperatures, even if their output is not correlated with the monsoon. A favourable monsoon may also benefit the fiscal health of the Central and State Governments, particularly if demand for work under the MGNREGA eases and less funds are required for activities such as drought relief.<br /><br />While the monsoon may turn outto be favourable in 2016, a concerted effort is required to reduce the vulnerability to variations in rainfall. Augmenting the storage of rainwater and reducing run-off; switching to less water-intensive crops;expediently completing pending irrigation projects and adopting more efficient methods of irrigation &mdash; these would ease India&rsquo;s dependence onmonsoon.<br /><em><br />The writer is Senior Economist, ICRA</em></div>               </font>
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		&#039;title&#039; =&gt; &#039;Progress of rains less than ideal -Aditi Nayar&#039;,
		&#039;subheading&#039; =&gt; &#039;&#039;,
		&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The Hindu Business Line&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Low ground water levels have led to sluggish start to sowing of most kharif crops&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the 
country&amp;rsquo;s working population dependent on agriculture was at 38 per cent
in 2011-12 &amp;mdash; and this, even as the share of agriculture in the Indian 
economy stood at a modest 15 per cent in 2014-15. With the assurance of 
irrigation available for less than half of the net sown area, the volume
of rainfall, particularly during the monsoon period of June to 
September, remains vital for irrigating crops.&lt;br /&gt;
&lt;br /&gt;
Even though the 
non-crop sectors have gained significance in driving the rural economy, 
the volume of rainfall is key for various activities, including drinking
water for the populace and livestock. Moreover, storage levels in 
reservoirs affect the generation of hydroelectricity.&lt;br /&gt;
&lt;br /&gt;
As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Unsteady start&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
After
the distressing deficits of 12 per cent and 14 per cent, respectively, 
in 2014 and 2015, the India Meteorological Department&amp;rsquo;s (IMD) forecast 
that monsoon rainfall will be 6 per cent higher than the long period 
average (LPA) in 2016 brought cheer to the farm economy as well as the 
producers of goods and services catering to the rural sector.&lt;br /&gt;
&lt;br /&gt;
Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.&lt;br /&gt;
&lt;br /&gt;
Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Positive outlook&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
However,
the IMD has projected rainfall over the country to exceed the LPA by 7 
per cent and 4 per cent, respectively, during July and August 2016, 
thereby making up for the June deficit. Precipitation in September 2016 
would still need to exceed the LPA by as much as 24 per cent to validate
the IMD&amp;rsquo;s forecast for the 2016 monsoon.&lt;br /&gt;
&lt;br /&gt;
The dreaded &amp;ldquo;El Nino&amp;rdquo; 
conditions over the equatorial Pacific Ocean have weakened and the 
expectation of the more beneficial &amp;ldquo;La Nina&amp;rdquo; conditions being 
established as the monsoon progresses augurs well for heavier rainfall 
towards the end of the season.&lt;br /&gt;
&lt;br /&gt;
However, the expected temporal 
distribution in 2016, i.e. a deficit in June followed by excess rainfall
in the ensuing three months, particularly in September, is admittedly 
less than ideal. This is particularly so in the prevailing scenario of 
low groundwater and reservoir levels, which have led to a sluggish start
to the sowing of most kharif crops. Heavy rainfall in September, when 
the crops are closer to maturity, may be somewhat counter-productive for
the standing kharif crop.&lt;br /&gt;
&lt;em&gt;&lt;br /&gt;
Contrasting trends&lt;/em&gt;&lt;br /&gt;
&lt;br /&gt;
The 
expected turnaround in the performance of agriculture is likely to 
reinvigorate rural demand in the second half of this fiscal. 
Nevertheless, some selective indicators are likely to see a contrasting 
trend. For instance, lower demand for pumping ground water for 
irrigation would dampen the pace of growth of diesel consumption.&lt;br /&gt;
&lt;br /&gt;
Food
inflation is expected to dip as the monsoon progresses, taking a cue 
from improved kharif acreages, as well as lower prices of perishables 
following a decline in temperatures, even if their output is not 
correlated with the monsoon. A favourable monsoon may also benefit the 
fiscal health of the Central and State Governments, particularly if 
demand for work under the MGNREGA eases and less funds are required for 
activities such as drought relief.&lt;br /&gt;
&lt;br /&gt;
While the monsoon may turn out
to be favourable in 2016, a concerted effort is required to reduce the 
vulnerability to variations in rainfall. Augmenting the storage of 
rainwater and reducing run-off; switching to less water-intensive crops;
expediently completing pending irrigation projects and adopting more 
efficient methods of irrigation &amp;mdash; these would ease India&amp;rsquo;s dependence on
monsoon.&lt;br /&gt;
&lt;em&gt;&lt;br /&gt;
The writer is Senior Economist, ICRA&lt;/em&gt;
&lt;/div&gt;&#039;,
		&#039;credit_writer&#039; =&gt; &#039;The Hindu Business Line, 3 July, 2016, http://www.thehindubusinessline.com/portfolio/real-assets/progress-of-rains-less-than-ideal/article8804154.ece?homepage=true&#039;,
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-The Hindu Business Line

Low ground water levels have led to sluggish start to sowing of most kharif crops

Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the...&#039;,
	&#039;disp&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;-The Hindu Business Line&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Low ground water levels have led to sluggish start to sowing of most kharif crops&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;PayCommission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country&amp;rsquo;s working population dependent on agriculture was at 38 per centin 2011-12 &amp;mdash; and this, even as the share of agriculture in the Indian economy stood at a modest 15 per cent in 2014-15. With the assurance of irrigation available for less than half of the net sown area, the volumeof rainfall, particularly during the monsoon period of June to September, remains vital for irrigating crops.&lt;br /&gt;&lt;br /&gt;Even though the non-crop sectors have gained significance in driving the rural economy, the volume of rainfall is key for various activities, including drinkingwater for the populace and livestock. Moreover, storage levels in reservoirs affect the generation of hydroelectricity.&lt;br /&gt;&lt;br /&gt;As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Unsteady start&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Afterthe distressing deficits of 12 per cent and 14 per cent, respectively, in 2014 and 2015, the India Meteorological Department&amp;rsquo;s (IMD) forecast that monsoon rainfall will be 6 per cent higher than the long period average (LPA) in 2016 brought cheer to the farm economy as well as the producers of goods and services catering to the rural sector.&lt;br /&gt;&lt;br /&gt;Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.&lt;br /&gt;&lt;br /&gt;Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Positive outlook&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;However,the IMD has projected rainfall over the country to exceed the LPA by 7 per cent and 4 per cent, respectively, during July and August 2016, thereby making up for the June deficit. Precipitation in September 2016 would still need to exceed the LPA by as much as 24 per cent to validatethe IMD&amp;rsquo;s forecast for the 2016 monsoon.&lt;br /&gt;&lt;br /&gt;The dreaded &amp;ldquo;El Nino&amp;rdquo; conditions over the equatorial Pacific Ocean have weakened and the expectation of the more beneficial &amp;ldquo;La Nina&amp;rdquo; conditions being established as the monsoon progresses augurs well for heavier rainfall towards the end of the season.&lt;br /&gt;&lt;br /&gt;However, the expected temporal distribution in 2016, i.e. a deficit in June followed by excess rainfallin the ensuing three months, particularly in September, is admittedly less than ideal. This is particularly so in the prevailing scenario of low groundwater and reservoir levels, which have led to a sluggish startto the sowing of most kharif crops. Heavy rainfall in September, when the crops are closer to maturity, may be somewhat counter-productive forthe standing kharif crop.&lt;br /&gt;&lt;em&gt;&lt;br /&gt;Contrasting trends&lt;/em&gt;&lt;br /&gt;&lt;br /&gt;The expected turnaround in the performance of agriculture is likely to reinvigorate rural demand in the second half of this fiscal. Nevertheless, some selective indicators are likely to see a contrasting trend. For instance, lower demand for pumping ground water for irrigation would dampen the pace of growth of diesel consumption.&lt;br /&gt;&lt;br /&gt;Foodinflation is expected to dip as the monsoon progresses, taking a cue from improved kharif acreages, as well as lower prices of perishables following a decline in temperatures, even if their output is not correlated with the monsoon. A favourable monsoon may also benefit the fiscal health of the Central and State Governments, particularly if demand for work under the MGNREGA eases and less funds are required for activities such as drought relief.&lt;br /&gt;&lt;br /&gt;While the monsoon may turn outto be favourable in 2016, a concerted effort is required to reduce the vulnerability to variations in rainfall. Augmenting the storage of rainwater and reducing run-off; switching to less water-intensive crops;expediently completing pending irrigation projects and adopting more efficient methods of irrigation &amp;mdash; these would ease India&amp;rsquo;s dependence onmonsoon.&lt;br /&gt;&lt;em&gt;&lt;br /&gt;The writer is Senior Economist, ICRA&lt;/em&gt;&lt;/div&gt;&#039;,
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	&#039;title&#039; =&gt; &#039;Progress of rains less than ideal -Aditi Nayar&#039;,
	&#039;subheading&#039; =&gt; &#039;&#039;,
	&#039;description&#039; =&gt; &#039;&lt;div align=&quot;justify&quot;&gt;
-The Hindu Business Line&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Low ground water levels have led to sluggish start to sowing of most kharif crops&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the 
country&amp;rsquo;s working population dependent on agriculture was at 38 per cent
in 2011-12 &amp;mdash; and this, even as the share of agriculture in the Indian 
economy stood at a modest 15 per cent in 2014-15. With the assurance of 
irrigation available for less than half of the net sown area, the volume
of rainfall, particularly during the monsoon period of June to 
September, remains vital for irrigating crops.&lt;br /&gt;
&lt;br /&gt;
Even though the 
non-crop sectors have gained significance in driving the rural economy, 
the volume of rainfall is key for various activities, including drinking
water for the populace and livestock. Moreover, storage levels in 
reservoirs affect the generation of hydroelectricity.&lt;br /&gt;
&lt;br /&gt;
As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Unsteady start&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
After
the distressing deficits of 12 per cent and 14 per cent, respectively, 
in 2014 and 2015, the India Meteorological Department&amp;rsquo;s (IMD) forecast 
that monsoon rainfall will be 6 per cent higher than the long period 
average (LPA) in 2016 brought cheer to the farm economy as well as the 
producers of goods and services catering to the rural sector.&lt;br /&gt;
&lt;br /&gt;
Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.&lt;br /&gt;
&lt;br /&gt;
Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.&lt;br /&gt;
&lt;br /&gt;
&lt;em&gt;Positive outlook&lt;br /&gt;
&lt;/em&gt;&lt;br /&gt;
However,
the IMD has projected rainfall over the country to exceed the LPA by 7 
per cent and 4 per cent, respectively, during July and August 2016, 
thereby making up for the June deficit. Precipitation in September 2016 
would still need to exceed the LPA by as much as 24 per cent to validate
the IMD&amp;rsquo;s forecast for the 2016 monsoon.&lt;br /&gt;
&lt;br /&gt;
The dreaded &amp;ldquo;El Nino&amp;rdquo; 
conditions over the equatorial Pacific Ocean have weakened and the 
expectation of the more beneficial &amp;ldquo;La Nina&amp;rdquo; conditions being 
established as the monsoon progresses augurs well for heavier rainfall 
towards the end of the season.&lt;br /&gt;
&lt;br /&gt;
However, the expected temporal 
distribution in 2016, i.e. a deficit in June followed by excess rainfall
in the ensuing three months, particularly in September, is admittedly 
less than ideal. This is particularly so in the prevailing scenario of 
low groundwater and reservoir levels, which have led to a sluggish start
to the sowing of most kharif crops. Heavy rainfall in September, when 
the crops are closer to maturity, may be somewhat counter-productive for
the standing kharif crop.&lt;br /&gt;
&lt;em&gt;&lt;br /&gt;
Contrasting trends&lt;/em&gt;&lt;br /&gt;
&lt;br /&gt;
The 
expected turnaround in the performance of agriculture is likely to 
reinvigorate rural demand in the second half of this fiscal. 
Nevertheless, some selective indicators are likely to see a contrasting 
trend. For instance, lower demand for pumping ground water for 
irrigation would dampen the pace of growth of diesel consumption.&lt;br /&gt;
&lt;br /&gt;
Food
inflation is expected to dip as the monsoon progresses, taking a cue 
from improved kharif acreages, as well as lower prices of perishables 
following a decline in temperatures, even if their output is not 
correlated with the monsoon. A favourable monsoon may also benefit the 
fiscal health of the Central and State Governments, particularly if 
demand for work under the MGNREGA eases and less funds are required for 
activities such as drought relief.&lt;br /&gt;
&lt;br /&gt;
While the monsoon may turn out
to be favourable in 2016, a concerted effort is required to reduce the 
vulnerability to variations in rainfall. Augmenting the storage of 
rainwater and reducing run-off; switching to less water-intensive crops;
expediently completing pending irrigation projects and adopting more 
efficient methods of irrigation &amp;mdash; these would ease India&amp;rsquo;s dependence on
monsoon.&lt;br /&gt;
&lt;em&gt;&lt;br /&gt;
The writer is Senior Economist, ICRA&lt;/em&gt;
&lt;/div&gt;&#039;,
	&#039;credit_writer&#039; =&gt; &#039;The Hindu Business Line, 3 July, 2016, http://www.thehindubusinessline.com/portfolio/real-assets/progress-of-rains-less-than-ideal/article8804154.ece?homepage=true&#039;,
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-The Hindu Business Line

Low ground water levels have led to sluggish start to sowing of most kharif crops

Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the...&#039;
$disp = &#039;&lt;div align=&quot;justify&quot;&gt;-The Hindu Business Line&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Low ground water levels have led to sluggish start to sowing of most kharif crops&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;PayCommission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country&amp;rsquo;s working population dependent on agriculture was at 38 per centin 2011-12 &amp;mdash; and this, even as the share of agriculture in the Indian economy stood at a modest 15 per cent in 2014-15. With the assurance of irrigation available for less than half of the net sown area, the volumeof rainfall, particularly during the monsoon period of June to September, remains vital for irrigating crops.&lt;br /&gt;&lt;br /&gt;Even though the non-crop sectors have gained significance in driving the rural economy, the volume of rainfall is key for various activities, including drinkingwater for the populace and livestock. Moreover, storage levels in reservoirs affect the generation of hydroelectricity.&lt;br /&gt;&lt;br /&gt;As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Unsteady start&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;Afterthe distressing deficits of 12 per cent and 14 per cent, respectively, in 2014 and 2015, the India Meteorological Department&amp;rsquo;s (IMD) forecast that monsoon rainfall will be 6 per cent higher than the long period average (LPA) in 2016 brought cheer to the farm economy as well as the producers of goods and services catering to the rural sector.&lt;br /&gt;&lt;br /&gt;Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.&lt;br /&gt;&lt;br /&gt;Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.&lt;br /&gt;&lt;br /&gt;&lt;em&gt;Positive outlook&lt;br /&gt;&lt;/em&gt;&lt;br /&gt;However,the IMD has projected rainfall over the country to exceed the LPA by 7 per cent and 4 per cent, respectively, during July and August 2016, thereby making up for the June deficit. Precipitation in September 2016 would still need to exceed the LPA by as much as 24 per cent to validatethe IMD&amp;rsquo;s forecast for the 2016 monsoon.&lt;br /&gt;&lt;br /&gt;The dreaded &amp;ldquo;El Nino&amp;rdquo; conditions over the equatorial Pacific Ocean have weakened and the expectation of the more beneficial &amp;ldquo;La Nina&amp;rdquo; conditions being established as the monsoon progresses augurs well for heavier rainfall towards the end of the season.&lt;br /&gt;&lt;br /&gt;However, the expected temporal distribution in 2016, i.e. a deficit in June followed by excess rainfallin the ensuing three months, particularly in September, is admittedly less than ideal. This is particularly so in the prevailing scenario of low groundwater and reservoir levels, which have led to a sluggish startto the sowing of most kharif crops. Heavy rainfall in September, when the crops are closer to maturity, may be somewhat counter-productive forthe standing kharif crop.&lt;br /&gt;&lt;em&gt;&lt;br /&gt;Contrasting trends&lt;/em&gt;&lt;br /&gt;&lt;br /&gt;The expected turnaround in the performance of agriculture is likely to reinvigorate rural demand in the second half of this fiscal. Nevertheless, some selective indicators are likely to see a contrasting trend. For instance, lower demand for pumping ground water for irrigation would dampen the pace of growth of diesel consumption.&lt;br /&gt;&lt;br /&gt;Foodinflation is expected to dip as the monsoon progresses, taking a cue from improved kharif acreages, as well as lower prices of perishables following a decline in temperatures, even if their output is not correlated with the monsoon. A favourable monsoon may also benefit the fiscal health of the Central and State Governments, particularly if demand for work under the MGNREGA eases and less funds are required for activities such as drought relief.&lt;br /&gt;&lt;br /&gt;While the monsoon may turn outto be favourable in 2016, a concerted effort is required to reduce the vulnerability to variations in rainfall. Augmenting the storage of rainwater and reducing run-off; switching to less water-intensive crops;expediently completing pending irrigation projects and adopting more efficient methods of irrigation &amp;mdash; these would ease India&amp;rsquo;s dependence onmonsoon.&lt;br /&gt;&lt;em&gt;&lt;br /&gt;The writer is Senior Economist, ICRA&lt;/em&gt;&lt;/div&gt;&#039;
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-The Hindu Business Line

Low ground water levels have led to sluggish start to sowing of most kharif crops

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                <strong>Progress of rains less than ideal -Aditi Nayar</strong></h1>
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                <div align="justify">-The Hindu Business Line<br /><br /><em>Low ground water levels have led to sluggish start to sowing of most kharif crops<br /></em><br />PayCommission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country&rsquo;s working population dependent on agriculture was at 38 per centin 2011-12 &mdash; and this, even as the share of agriculture in the Indian economy stood at a modest 15 per cent in 2014-15. With the assurance of irrigation available for less than half of the net sown area, the volumeof rainfall, particularly during the monsoon period of June to September, remains vital for irrigating crops.<br /><br />Even though the non-crop sectors have gained significance in driving the rural economy, the volume of rainfall is key for various activities, including drinkingwater for the populace and livestock. Moreover, storage levels in reservoirs affect the generation of hydroelectricity.<br /><br />As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.<br /><br /><em>Unsteady start<br /></em><br />Afterthe distressing deficits of 12 per cent and 14 per cent, respectively, in 2014 and 2015, the India Meteorological Department&rsquo;s (IMD) forecast that monsoon rainfall will be 6 per cent higher than the long period average (LPA) in 2016 brought cheer to the farm economy as well as the producers of goods and services catering to the rural sector.<br /><br />Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.<br /><br />Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.<br /><br /><em>Positive outlook<br /></em><br />However,the IMD has projected rainfall over the country to exceed the LPA by 7 per cent and 4 per cent, respectively, during July and August 2016, thereby making up for the June deficit. Precipitation in September 2016 would still need to exceed the LPA by as much as 24 per cent to validatethe IMD&rsquo;s forecast for the 2016 monsoon.<br /><br />The dreaded &ldquo;El Nino&rdquo; conditions over the equatorial Pacific Ocean have weakened and the expectation of the more beneficial &ldquo;La Nina&rdquo; conditions being established as the monsoon progresses augurs well for heavier rainfall towards the end of the season.<br /><br />However, the expected temporal distribution in 2016, i.e. a deficit in June followed by excess rainfallin the ensuing three months, particularly in September, is admittedly less than ideal. This is particularly so in the prevailing scenario of low groundwater and reservoir levels, which have led to a sluggish startto the sowing of most kharif crops. Heavy rainfall in September, when the crops are closer to maturity, may be somewhat counter-productive forthe standing kharif crop.<br /><em><br />Contrasting trends</em><br /><br />The expected turnaround in the performance of agriculture is likely to reinvigorate rural demand in the second half of this fiscal. Nevertheless, some selective indicators are likely to see a contrasting trend. For instance, lower demand for pumping ground water for irrigation would dampen the pace of growth of diesel consumption.<br /><br />Foodinflation is expected to dip as the monsoon progresses, taking a cue from improved kharif acreages, as well as lower prices of perishables following a decline in temperatures, even if their output is not correlated with the monsoon. A favourable monsoon may also benefit the fiscal health of the Central and State Governments, particularly if demand for work under the MGNREGA eases and less funds are required for activities such as drought relief.<br /><br />While the monsoon may turn outto be favourable in 2016, a concerted effort is required to reduce the vulnerability to variations in rainfall. Augmenting the storage of rainwater and reducing run-off; switching to less water-intensive crops;expediently completing pending irrigation projects and adopting more efficient methods of irrigation &mdash; these would ease India&rsquo;s dependence onmonsoon.<br /><em><br />The writer is Senior Economist, ICRA</em></div>               </font>
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		'title' => 'Progress of rains less than ideal -Aditi Nayar',
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-The Hindu Business Line<br />
<br />
<em>Low ground water levels have led to sluggish start to sowing of most kharif crops<br />
</em><br />
Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the 
country&rsquo;s working population dependent on agriculture was at 38 per cent
in 2011-12 &mdash; and this, even as the share of agriculture in the Indian 
economy stood at a modest 15 per cent in 2014-15. With the assurance of 
irrigation available for less than half of the net sown area, the volume
of rainfall, particularly during the monsoon period of June to 
September, remains vital for irrigating crops.<br />
<br />
Even though the 
non-crop sectors have gained significance in driving the rural economy, 
the volume of rainfall is key for various activities, including drinking
water for the populace and livestock. Moreover, storage levels in 
reservoirs affect the generation of hydroelectricity.<br />
<br />
As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.<br />
<br />
<em>Unsteady start<br />
</em><br />
After
the distressing deficits of 12 per cent and 14 per cent, respectively, 
in 2014 and 2015, the India Meteorological Department&rsquo;s (IMD) forecast 
that monsoon rainfall will be 6 per cent higher than the long period 
average (LPA) in 2016 brought cheer to the farm economy as well as the 
producers of goods and services catering to the rural sector.<br />
<br />
Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.<br />
<br />
Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.<br />
<br />
<em>Positive outlook<br />
</em><br />
However,
the IMD has projected rainfall over the country to exceed the LPA by 7 
per cent and 4 per cent, respectively, during July and August 2016, 
thereby making up for the June deficit. Precipitation in September 2016 
would still need to exceed the LPA by as much as 24 per cent to validate
the IMD&rsquo;s forecast for the 2016 monsoon.<br />
<br />
The dreaded &ldquo;El Nino&rdquo; 
conditions over the equatorial Pacific Ocean have weakened and the 
expectation of the more beneficial &ldquo;La Nina&rdquo; conditions being 
established as the monsoon progresses augurs well for heavier rainfall 
towards the end of the season.<br />
<br />
However, the expected temporal 
distribution in 2016, i.e. a deficit in June followed by excess rainfall
in the ensuing three months, particularly in September, is admittedly 
less than ideal. This is particularly so in the prevailing scenario of 
low groundwater and reservoir levels, which have led to a sluggish start
to the sowing of most kharif crops. Heavy rainfall in September, when 
the crops are closer to maturity, may be somewhat counter-productive for
the standing kharif crop.<br />
<em><br />
Contrasting trends</em><br />
<br />
The 
expected turnaround in the performance of agriculture is likely to 
reinvigorate rural demand in the second half of this fiscal. 
Nevertheless, some selective indicators are likely to see a contrasting 
trend. For instance, lower demand for pumping ground water for 
irrigation would dampen the pace of growth of diesel consumption.<br />
<br />
Food
inflation is expected to dip as the monsoon progresses, taking a cue 
from improved kharif acreages, as well as lower prices of perishables 
following a decline in temperatures, even if their output is not 
correlated with the monsoon. A favourable monsoon may also benefit the 
fiscal health of the Central and State Governments, particularly if 
demand for work under the MGNREGA eases and less funds are required for 
activities such as drought relief.<br />
<br />
While the monsoon may turn out
to be favourable in 2016, a concerted effort is required to reduce the 
vulnerability to variations in rainfall. Augmenting the storage of 
rainwater and reducing run-off; switching to less water-intensive crops;
expediently completing pending irrigation projects and adopting more 
efficient methods of irrigation &mdash; these would ease India&rsquo;s dependence on
monsoon.<br />
<em><br />
The writer is Senior Economist, ICRA</em>
</div>',
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-The Hindu Business Line

Low ground water levels have led to sluggish start to sowing of most kharif crops

Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the...',
	'disp' => '<div align="justify">-The Hindu Business Line<br /><br /><em>Low ground water levels have led to sluggish start to sowing of most kharif crops<br /></em><br />PayCommission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country&rsquo;s working population dependent on agriculture was at 38 per centin 2011-12 &mdash; and this, even as the share of agriculture in the Indian economy stood at a modest 15 per cent in 2014-15. With the assurance of irrigation available for less than half of the net sown area, the volumeof rainfall, particularly during the monsoon period of June to September, remains vital for irrigating crops.<br /><br />Even though the non-crop sectors have gained significance in driving the rural economy, the volume of rainfall is key for various activities, including drinkingwater for the populace and livestock. Moreover, storage levels in reservoirs affect the generation of hydroelectricity.<br /><br />As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.<br /><br /><em>Unsteady start<br /></em><br />Afterthe distressing deficits of 12 per cent and 14 per cent, respectively, in 2014 and 2015, the India Meteorological Department&rsquo;s (IMD) forecast that monsoon rainfall will be 6 per cent higher than the long period average (LPA) in 2016 brought cheer to the farm economy as well as the producers of goods and services catering to the rural sector.<br /><br />Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.<br /><br />Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.<br /><br /><em>Positive outlook<br /></em><br />However,the IMD has projected rainfall over the country to exceed the LPA by 7 per cent and 4 per cent, respectively, during July and August 2016, thereby making up for the June deficit. Precipitation in September 2016 would still need to exceed the LPA by as much as 24 per cent to validatethe IMD&rsquo;s forecast for the 2016 monsoon.<br /><br />The dreaded &ldquo;El Nino&rdquo; conditions over the equatorial Pacific Ocean have weakened and the expectation of the more beneficial &ldquo;La Nina&rdquo; conditions being established as the monsoon progresses augurs well for heavier rainfall towards the end of the season.<br /><br />However, the expected temporal distribution in 2016, i.e. a deficit in June followed by excess rainfallin the ensuing three months, particularly in September, is admittedly less than ideal. This is particularly so in the prevailing scenario of low groundwater and reservoir levels, which have led to a sluggish startto the sowing of most kharif crops. Heavy rainfall in September, when the crops are closer to maturity, may be somewhat counter-productive forthe standing kharif crop.<br /><em><br />Contrasting trends</em><br /><br />The expected turnaround in the performance of agriculture is likely to reinvigorate rural demand in the second half of this fiscal. Nevertheless, some selective indicators are likely to see a contrasting trend. For instance, lower demand for pumping ground water for irrigation would dampen the pace of growth of diesel consumption.<br /><br />Foodinflation is expected to dip as the monsoon progresses, taking a cue from improved kharif acreages, as well as lower prices of perishables following a decline in temperatures, even if their output is not correlated with the monsoon. A favourable monsoon may also benefit the fiscal health of the Central and State Governments, particularly if demand for work under the MGNREGA eases and less funds are required for activities such as drought relief.<br /><br />While the monsoon may turn outto be favourable in 2016, a concerted effort is required to reduce the vulnerability to variations in rainfall. Augmenting the storage of rainwater and reducing run-off; switching to less water-intensive crops;expediently completing pending irrigation projects and adopting more efficient methods of irrigation &mdash; these would ease India&rsquo;s dependence onmonsoon.<br /><em><br />The writer is Senior Economist, ICRA</em></div>',
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	'id' => (int) 31617,
	'title' => 'Progress of rains less than ideal -Aditi Nayar',
	'subheading' => '',
	'description' => '<div align="justify">
-The Hindu Business Line<br />
<br />
<em>Low ground water levels have led to sluggish start to sowing of most kharif crops<br />
</em><br />
Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the 
country&rsquo;s working population dependent on agriculture was at 38 per cent
in 2011-12 &mdash; and this, even as the share of agriculture in the Indian 
economy stood at a modest 15 per cent in 2014-15. With the assurance of 
irrigation available for less than half of the net sown area, the volume
of rainfall, particularly during the monsoon period of June to 
September, remains vital for irrigating crops.<br />
<br />
Even though the 
non-crop sectors have gained significance in driving the rural economy, 
the volume of rainfall is key for various activities, including drinking
water for the populace and livestock. Moreover, storage levels in 
reservoirs affect the generation of hydroelectricity.<br />
<br />
As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.<br />
<br />
<em>Unsteady start<br />
</em><br />
After
the distressing deficits of 12 per cent and 14 per cent, respectively, 
in 2014 and 2015, the India Meteorological Department&rsquo;s (IMD) forecast 
that monsoon rainfall will be 6 per cent higher than the long period 
average (LPA) in 2016 brought cheer to the farm economy as well as the 
producers of goods and services catering to the rural sector.<br />
<br />
Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.<br />
<br />
Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.<br />
<br />
<em>Positive outlook<br />
</em><br />
However,
the IMD has projected rainfall over the country to exceed the LPA by 7 
per cent and 4 per cent, respectively, during July and August 2016, 
thereby making up for the June deficit. Precipitation in September 2016 
would still need to exceed the LPA by as much as 24 per cent to validate
the IMD&rsquo;s forecast for the 2016 monsoon.<br />
<br />
The dreaded &ldquo;El Nino&rdquo; 
conditions over the equatorial Pacific Ocean have weakened and the 
expectation of the more beneficial &ldquo;La Nina&rdquo; conditions being 
established as the monsoon progresses augurs well for heavier rainfall 
towards the end of the season.<br />
<br />
However, the expected temporal 
distribution in 2016, i.e. a deficit in June followed by excess rainfall
in the ensuing three months, particularly in September, is admittedly 
less than ideal. This is particularly so in the prevailing scenario of 
low groundwater and reservoir levels, which have led to a sluggish start
to the sowing of most kharif crops. Heavy rainfall in September, when 
the crops are closer to maturity, may be somewhat counter-productive for
the standing kharif crop.<br />
<em><br />
Contrasting trends</em><br />
<br />
The 
expected turnaround in the performance of agriculture is likely to 
reinvigorate rural demand in the second half of this fiscal. 
Nevertheless, some selective indicators are likely to see a contrasting 
trend. For instance, lower demand for pumping ground water for 
irrigation would dampen the pace of growth of diesel consumption.<br />
<br />
Food
inflation is expected to dip as the monsoon progresses, taking a cue 
from improved kharif acreages, as well as lower prices of perishables 
following a decline in temperatures, even if their output is not 
correlated with the monsoon. A favourable monsoon may also benefit the 
fiscal health of the Central and State Governments, particularly if 
demand for work under the MGNREGA eases and less funds are required for 
activities such as drought relief.<br />
<br />
While the monsoon may turn out
to be favourable in 2016, a concerted effort is required to reduce the 
vulnerability to variations in rainfall. Augmenting the storage of 
rainwater and reducing run-off; switching to less water-intensive crops;
expediently completing pending irrigation projects and adopting more 
efficient methods of irrigation &mdash; these would ease India&rsquo;s dependence on
monsoon.<br />
<em><br />
The writer is Senior Economist, ICRA</em>
</div>',
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$metaTitle = 'LATEST NEWS UPDATES | Progress of rains less than ideal -Aditi Nayar'
$metaKeywords = 'Irrigation,farming,rainfall,monsoon,Agriculture,kharif'
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-The Hindu Business Line

Low ground water levels have led to sluggish start to sowing of most kharif crops

Pay
Commission payouts may be a welcome shower of salary, but monsoon 
showers matter most for the economy. Why so? The proportion of the...'
$disp = '<div align="justify">-The Hindu Business Line<br /><br /><em>Low ground water levels have led to sluggish start to sowing of most kharif crops<br /></em><br />PayCommission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country&rsquo;s working population dependent on agriculture was at 38 per centin 2011-12 &mdash; and this, even as the share of agriculture in the Indian economy stood at a modest 15 per cent in 2014-15. With the assurance of irrigation available for less than half of the net sown area, the volumeof rainfall, particularly during the monsoon period of June to September, remains vital for irrigating crops.<br /><br />Even though the non-crop sectors have gained significance in driving the rural economy, the volume of rainfall is key for various activities, including drinkingwater for the populace and livestock. Moreover, storage levels in reservoirs affect the generation of hydroelectricity.<br /><br />As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India.<br /><br /><em>Unsteady start<br /></em><br />Afterthe distressing deficits of 12 per cent and 14 per cent, respectively, in 2014 and 2015, the India Meteorological Department&rsquo;s (IMD) forecast that monsoon rainfall will be 6 per cent higher than the long period average (LPA) in 2016 brought cheer to the farm economy as well as the producers of goods and services catering to the rural sector.<br /><br />Monsoon has been unsteady in the first month of the season, as cautioned by the IMD.<br /><br />Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations.<br /><br /><em>Positive outlook<br /></em><br />However,the IMD has projected rainfall over the country to exceed the LPA by 7 per cent and 4 per cent, respectively, during July and August 2016, thereby making up for the June deficit. Precipitation in September 2016 would still need to exceed the LPA by as much as 24 per cent to validatethe IMD&rsquo;s forecast for the 2016 monsoon.<br /><br />The dreaded &ldquo;El Nino&rdquo; conditions over the equatorial Pacific Ocean have weakened and the expectation of the more beneficial &ldquo;La Nina&rdquo; conditions being established as the monsoon progresses augurs well for heavier rainfall towards the end of the season.<br /><br />However, the expected temporal distribution in 2016, i.e. a deficit in June followed by excess rainfallin the ensuing three months, particularly in September, is admittedly less than ideal. This is particularly so in the prevailing scenario of low groundwater and reservoir levels, which have led to a sluggish startto the sowing of most kharif crops. Heavy rainfall in September, when the crops are closer to maturity, may be somewhat counter-productive forthe standing kharif crop.<br /><em><br />Contrasting trends</em><br /><br />The expected turnaround in the performance of agriculture is likely to reinvigorate rural demand in the second half of this fiscal. Nevertheless, some selective indicators are likely to see a contrasting trend. For instance, lower demand for pumping ground water for irrigation would dampen the pace of growth of diesel consumption.<br /><br />Foodinflation is expected to dip as the monsoon progresses, taking a cue from improved kharif acreages, as well as lower prices of perishables following a decline in temperatures, even if their output is not correlated with the monsoon. A favourable monsoon may also benefit the fiscal health of the Central and State Governments, particularly if demand for work under the MGNREGA eases and less funds are required for activities such as drought relief.<br /><br />While the monsoon may turn outto be favourable in 2016, a concerted effort is required to reduce the vulnerability to variations in rainfall. Augmenting the storage of rainwater and reducing run-off; switching to less water-intensive crops;expediently completing pending irrigation projects and adopting more efficient methods of irrigation &mdash; these would ease India&rsquo;s dependence onmonsoon.<br /><em><br />The writer is Senior Economist, ICRA</em></div>'
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Progress of rains less than ideal -Aditi Nayar

-The Hindu Business Line Low ground water levels have led to sluggish start to sowing of most kharif crops PayCommission payouts may be a welcome shower of salary, but monsoon showers matter most for the economy. Why so? The proportion of the country’s working population dependent on agriculture was at 38 per centin 2011-12 — and this, even as the share of agriculture in the Indian economy stood at a modest 15 per cent in 2014-15. With the assurance of irrigation available for less than half of the net sown area, the volumeof rainfall, particularly during the monsoon period of June to September, remains vital for irrigating crops. Even though the non-crop sectors have gained significance in driving the rural economy, the volume of rainfall is key for various activities, including drinkingwater for the populace and livestock. Moreover, storage levels in reservoirs affect the generation of hydroelectricity. As a result, the whims of monsoon rain retain a fair bit of influence on the purchasing power of rural India. Unsteady start Afterthe distressing deficits of 12 per cent and 14 per cent, respectively, in 2014 and 2015, the India Meteorological Department’s (IMD) forecast that monsoon rainfall will be 6 per cent higher than the long period average (LPA) in 2016 brought cheer to the farm economy as well as the producers of goods and services catering to the rural sector. Monsoon has been unsteady in the first month of the season, as cautioned by the IMD. Overall, the volume of rainfall in June 2016 was 11 per cent below the norm, with some regional variations. Positive outlook However,the IMD has projected rainfall over the country to exceed the LPA by 7 per cent and 4 per cent, respectively, during July and August 2016, thereby making up for the June deficit. Precipitation in September 2016 would still need to exceed the LPA by as much as 24 per cent to validatethe IMD’s forecast for the 2016 monsoon. The dreaded “El Nino” conditions over the equatorial Pacific Ocean have weakened and the expectation of the more beneficial “La Nina” conditions being established as the monsoon progresses augurs well for heavier rainfall towards the end of the season. However, the expected temporal distribution in 2016, i.e. a deficit in June followed by excess rainfallin the ensuing three months, particularly in September, is admittedly less than ideal. This is particularly so in the prevailing scenario of low groundwater and reservoir levels, which have led to a sluggish startto the sowing of most kharif crops. Heavy rainfall in September, when the crops are closer to maturity, may be somewhat counter-productive forthe standing kharif crop. Contrasting trends The expected turnaround in the performance of agriculture is likely to reinvigorate rural demand in the second half of this fiscal. Nevertheless, some selective indicators are likely to see a contrasting trend. For instance, lower demand for pumping ground water for irrigation would dampen the pace of growth of diesel consumption. Foodinflation is expected to dip as the monsoon progresses, taking a cue from improved kharif acreages, as well as lower prices of perishables following a decline in temperatures, even if their output is not correlated with the monsoon. A favourable monsoon may also benefit the fiscal health of the Central and State Governments, particularly if demand for work under the MGNREGA eases and less funds are required for activities such as drought relief. While the monsoon may turn outto be favourable in 2016, a concerted effort is required to reduce the vulnerability to variations in rainfall. Augmenting the storage of rainwater and reducing run-off; switching to less water-intensive crops;expediently completing pending irrigation projects and adopting more efficient methods of irrigation — these would ease India’s dependence onmonsoon. The writer is Senior Economist, ICRA