-India Infoline News Service   Mumbai: Efforts at the central and state government level to improve rural infrastructure, food distribution and non-agricultural employment opportunities are credit positive because, if sustained, they are likely to lower the credit challenges that India's vulnerability to drought poses. Moody's Investor's Service says that although India (Baa3 positive) may avoid drought this year, its economy remains vulnerable to future droughts or fluctuations in rainfall, and its sovereign credit...

-Hindustan Times India’s June-September monsoon has been deficient so far and quite uneven in its spread, with the rain-bearing system entering a phase that will largely determine whether the country can escape a drought for the first time in six years.   Overall, rains have been 9% lower than normal, with sharper deficits in some areas. Rainfall during August-September, the remaining two months of the rainy season, would be poor at 84%, the...

-The Financial Express Seasonal showers declined 6% from the long-period average up to August 6 For the first time since the current monsoon season started in June, the country’s water storage has dropped from both the level a year before and the normal benchmark average, thanks to a slowdown in monsoon rains since early July. Seasonal showers declined 6% from the long-period average (LPA) up to August 6, worsening from a deficit of...

-The Times of India HYDERABAD: Telangana appears to be heading towards a drought. Half of the monsoon season is over and apart from the initial days of rainfall, the state has had a dry spell. Water levels in reservoirs are dropping rapidly and many towns are facing a drinking water crisis. In rural areas, the crisis is in the form of dying crops and a looming threat of fodder shortage. In fact,...

-The Times of India HYDERABAD: The lack of monsoon rains is spelling doom for Telangana on three fronts: First, a drastic drop in paddy cultivation is set to trigger a massive shortage in rice production; second, with their crops more or less destroyed and the prospect of rains in the near future bleak, farmers are resorting to suicides; and thirdly, plummeting water levels at Nagarjunsagar Dam is threatening to disrupt the...