-MoneyLife.in Less than a week ago, the rainfall deficiency was nearly 50% of average. In a span of just six days, the deficiency was cut almost in half. Combine this feat with the fact that monsoon covered the entire country, four days earlier than normal and how does the glass now look? This is one season, so unpredictable that explains the heightened media interest in the monsoon progress. Much has been hyped...

-Inclusion.in There is good news. And there’s bad news. The good news first. There’s been a bumper wheat crop and the granaries are overflowing. And the bad news? Where do we begin? A lot of that grain will rot. Millions will still remain hungry. Heavily in debt and distressed, farmers are committing suicide. Food prices are soaring. There’s more… Farmers don’t have money. Their land is too small and isn’t yielding much. Fertilisers and...

-The Business Standard The government must prepare for below-normal monsoon A massive 30 per cent deficiency in the monsoon rainfall in June, coupled with an anticipated low precipitation in September, may add to the government’s difficulties in achieving its growth and fiscal deficit targets. Agriculture may not be the only victim of poor rainfall. Its contribution to gross domestic product (GDP) may have dipped to mere 15 per cent but it still...

-The Telegraph Nearly three-fourths of India’s land area received poor rainfall during the first four weeks of the monsoon season, and an active monsoon phase is unlikely within the next week, weather scientists said today. The poor rainfall has stirred concern among agro-meteorology scientists, tasked with translating weather information into advisories for farmers throughout the year, as the period for paddy transplantation draws closer. “Rain during July is always crucial, but this year...

PUNE/ KOLKATA: Heavy rains lashed Mumbai and parched fields in peninsular India as the monsoon resumed its journey after an agonising 11-day interruption, but the unforeseen 41% rain deficit this month has taken its toll, with vegetable prices rising sharply for the third straight month.  The monsoon, almost stagnant since June 6, touched southern parts of Gujarat and Chhattisgarh on Sunday. It is forecast to gain momentum in the next three...