-The Hindu Shortfall unlikely to impede agriculture, officials say. Amidst concerns that monsoon rains could fall short of “normal,” the India Meteorological Department (IMD) is reviewing its projections. Officials, however, told The Hindu that while July rains were less than expected, the shortfall was confined to the northeastern States of India and below-normal rains were unlikely to impede agriculture production. It’s expected to take a call before the weekend on whether to stick...
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Monsoon forecast lifts up mood: As agri shines, will it rain returns for these stocks?
-The Financial Express After private weather forecaster Skymet on Wednesday predicted normal monsoons In India, research firm HSBC says that it will provide a boost to the agricultural sector. Interestingly, Skymet has forecast a a 20% chance of above normal monsoon, and a 5% probability of excess rain in 2018-19. HSBC notes that the agriculture sector is slated to benefit from it, as 70% of the total rainfall is attributable to...
More »Cash crunch rains misery on farmers after below-par monsoon -Nidheesh MK, Dharani Thangavelu and Sharan Poovanna
-Livemint.com The impact of cash crunch on farmers is likely to have a cascading effect on the broader economy in southern India Bengaluru/ Chennai: P.V. Rajappan, a rice farmer in Kerala’s drought-hit Palakkad district, had been planning to drill a borewell to irrigate his next crop. He thought he would be able to do it this year. Rajappan delivered his entire harvest—10,210kg of paddy—to the state-run Civil Supplies Corporation, popularly known as...
More »Normal to excess rains in 87% of India so far: IMD -Prerna Kapoor
-Livemint.com August saw good rains in northern and eastern regions while peninsula, parts of central India remained mostly dry New Delhi: The southwest monsoon was 3% short of its long-term average till the end of August, India’s weather office said on Thursday. Around 87% of the country has received normal to excess rainfall so far. Including 1 September, the shortfall has come down to 2%. August saw good rains in the country’s northern...
More »IMD gets its August forecast wrong -Jacob Koshy
-The Hindu 8.5 % less rain than normal against prediction of excess. The India Meteorological Department (IMD) has erred on its forecast for monsoon rain in August. In June, it said that India would get more rain than it usually did but as of August 31, the country got significantly less — or 8.5 % less rain — than what’s normal for the month, according to the IMD website. While this wouldn’t affect...
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