-Livemint.com The prospect of weak monsoon is never good news, but this time it comes on top of a rabi harvest destroyed by unseasonal rainfall, and a spate of farmer suicides The prospect of a sub-normal monsoon is never good news, but this time it comes on top of a rabi harvest destroyed by being rained on at the wrong time, and a spate of farmer suicides. The only option is...

-Livemint.com Delayed or erratic rains typically impact sowing and make farmers miss the application of agrochemicals, which the companies dread the most Stocks of agrochemical firms have reacted uncertainly after the forecast of below-par monsoon by the India Meteorological Department. While Insecticides (India) Ltd and Dhanuka Agritech Ltd have held up well, gaining 1-4%, Rallis India and Excel Crop Care Ltd lost 2-3%. The mixed mood stems from the fact that the...

A recent press release from the Ministry of Agriculture shows that the area affected by recent rains and hailstorms is estimated to be 189.81 lakh hectares (on 24 April 2015), which is nearly double the total area affected that was earlier estimated on 16 April 2015. (See the link below). Experts argue that such extreme weather events may severely damage food economy of the nation, apart from breaking the spirit...

-Business Standard A clear picture is likely to emerge only towards the end of June Mumbai: Rural distress owing to heavy unseasonal rains in March and the prospects of less-than-normal monsoon have made bankers “a cautious lot” at the start of this financial year. However, it is too early to conclude that the impact of rains, or the lack of it, would be bad. According to public sector bank executives, the assessment for...

-Business Standard/ IndiaSpend.org Complex changes in local and global weather patterns will have severe implications for India's 600 million farming community The unseasonal rain and erratic weather unsettling the Indian farmer—and the nation’s agriculture, economy and politics—are no aberrations. Extreme rainfall events in central India, the core of the monsoon system, are increasing and moderate rainfall is decreasing —as a part of complex changes in local and world weather—according to a clutch of...