-The Times of India Though El Nino concerns still loom large over the coming month, August has been wetter than expected. Rains in the last 16 days have lashed the parched fields of most parts of the country, especially the northern and western parts which were reeling under acute rain deficiency. More rains have recharged depleted reservoirs. Water level in 84 main reservoirs is at 51% of the full reservoir level, equalling...
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PMEAC Estimates 0.5% Farm Growth for 2012-13
-PTI Prime Minister's Economic Advisory Council today said poor monsoon is likely to pull down farm sector growth rate to 0.5 per cent in the current financial year, a projection that is even lower than in 2009-10 when monsoon was the worst in 28 years. The growth in the agriculture sector was one per cent in 2009-10 when production had fallen by 16 million tonnes due to poor monsoon. As many as...
More »Deficient monsoon to add to food, non-food inflation: CMIE
-PTI The monsoon rains, which have been deficient by about 21 per cent this season, are likely to spur prices of food and non-food articles, economic think tank CMIE has said. "We expect the South-West monsoon to remain deficient and the major crop production to decline by 2.3 per cent. This decline in output of major crops is expected to add to the already high inflation seen in food articles," the Centre...
More »Monsoon likely to retreat in September-Rituraj Tiwari
-The Times of India Though rains have lashed most parts of the country in the past few days, raising hopes of wiping out deficiency, a strong likelihood of the emergence of rain-interrupting El Nino weather pattern in September is still keeping weathermen on tenterhooks. The El Nino conditions, known to cause dry weather, are likely to disrupt the monsoon's progress which has reduced the overall rain deficit from 19% in July to...
More »Are man-made factors behind erratic monsoon?-N Gopal Raj
-The Hindu For the fourth time in the past 11 years, India is heading for a ‘meteorological’ Drought India is heading for a Drought, in meteorological terms, for the fourth time in the past 11 years. The previous Droughts during this period were in 2002, 2004 and 2009. A meteorological Drought, in the sense that atmospheric scientists typically use the term, occurs when a monsoon ends with nationwide rainfall during the season falling...
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