-India Climate Dialogue The meteorological department’s analysis of annual rainfall for the past 50 years has found significant increasing or decreasing trends in districts that could put a spanner into India’s food security scenario. Since June 13, there has been a hiatus in the advance of southwest monsoon in the country due to the weakening of its circulation pattern. This dry spell is expected to soon change as the monsoon is likely...
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Mining and agriculture lag behind other sectors in terms of GVA growth in Jan-Mar '18
The country’s agrarian sector in the last financial year expanded at almost half the rate at which it grew in 2016-17, shows the recently released provisional estimates by the Central Statistics Office (CSO). As compared to a growth rate of 6.3 percent witnessed in 2016-17, the growth rate in real Gross Value Added (GVA) by the agrarian sector (i.e., increase in agricultural GVA after neutralizing the effect of price inflation)...
More »Monsoon: India's problem of plenty -Sayantan Bera
-Livemint.com India’s weather office has forecast a normal monsoon. Bountiful rains in the June-to-September period are critical for about 800 million Indians who depend directly or indirectly on farming New Delhi: Gangabhishan Thaware, a 53-year-old farmer from the drought-prone Marathwada region of Maharashtra, took an unusual step in July last year. Thaware and his fellow villagers had toiled on their fields and spent thousands of rupees on seeds and fertilizers, hopeful...
More »Why farm deflation is essentially a problem of liquidity -Harish Damodaran
-The Indian Express The main problem for farmers today is not production or having sufficient crop to sell. Instead, it has to do with prices that they are getting for their produce. The Met Department has forecast a third-in-a-row “normal” south-west monsoon this year, thanks to the very low probability of an El Nino event — the abnormal warming of the equatorial eastern Pacific Ocean waters, which is known to adversely impact...
More »IMD monsoon forecast showers Indian economy with cheer -Srishti Choudhary & Sayantan Bera
-Livemint.com Rainfall will be 97% of the 50-year average with a 54% probability that rains will be normal to above normal, IMD said in its first stage, long-range monsoon forecast New Delhi: Rainfall is likely to be normal during the June-to-September southwest monsoon season, the government’s weather office said on Monday. “For the third consecutive year, India will have a normal monsoon. There is very less probability of experiencing a deficit monsoon. We...
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