Active Stocks
Thu Mar 28 2024 15:59:33
  1. Tata Steel share price
  2. 155.90 2.00%
  1. ICICI Bank share price
  2. 1,095.75 1.08%
  1. HDFC Bank share price
  2. 1,448.20 0.52%
  1. ITC share price
  2. 428.55 0.13%
  1. Power Grid Corporation Of India share price
  2. 277.05 2.21%
Business News/ Industry / Agriculture/  Monsoon rains in India unlikely to be affected by El Nino: Ministry of Earth Sciences
BackBack

Monsoon rains in India unlikely to be affected by El Nino: Ministry of Earth Sciences

Ministry of Earth Sciences says monsoon rains are likely to be unaffected by the El Nino weather pattern, which is likely to set in only after the four-month rainy season ends in September

Monsoon season delivers about 70% of India’s annual rainfall and is key to the success of the farm sector, which accounts for about 15% of India’s $2 trillion economy but sustains nearly two thirds of the country’s 1.3 billion people. Photo: MintPremium
Monsoon season delivers about 70% of India’s annual rainfall and is key to the success of the farm sector, which accounts for about 15% of India’s $2 trillion economy but sustains nearly two thirds of the country’s 1.3 billion people. Photo: Mint

New Delhi: Monsoon rains in India are likely to be unaffected by the El Nino weather pattern, which is likely to set in only after the four-month rainy season ends in September, a leading government weather official said on Thursday.

Monsoon season delivers about 70% of India’s annual rainfall and is key to the success of the farm sector, which accounts for about 15% of India’s $2 trillion economy but sustains nearly two thirds of the country’s 1.3 billion people.

Plentiful monsoon rains could therefore lift farm and wider economic growth, potentially tempting Modi to bring forward general elections due May 2019.

“It’s a little early to talk about the monsoon season, but there are indications that the current La Nina condition will turn into a neutral phase towards the end of the season," said Madhavan Nair Rajeevan, the leading scientist at India’s Ministry of Earth Sciences, which oversees the country’s meteorological department.

A private US-based weather forecaster had said this month that India’s monsoon rains were expected to be slightly below average this year.

India defines average, or normal, rainfall as between 96% and 104% of a 50-year average of 89 cm for the entire four-month season.

“Since the neutral phase is likely to develop only towards the end of the monsoon season, El Nino could emerge only after the season ends in September, Rajeevan told Reuters.

Monsoon rains lash the southern Kerala coast by June and start retreating from the western state of Rajasthan by September.

El Nino, a warming of ocean surface temperatures in the eastern and central Pacific that typically occurs every few years, faded in 2016 and was linked to crop damage, fires and flash floods.

Monsoon rains help farmers planting rice, cane, corn, cotton and soybean crops because nearly half of the country’s farmland lacks irrigation facilities.

Before receiving average rains in 2016, India suffered back-to-back drought years for only the fourth time in more than a century, hurting incomes and driving some farmers to suicide.

In 2017 monsoon rains were 95% of a long-term average compared with the India meteorological department’s forecast of 98%. Reuters

Unlock a world of Benefits! From insightful newsletters to real-time stock tracking, breaking news and a personalized newsfeed – it's all here, just a click away! Login Now!

Catch all the Industry News, Banking News and Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Published: 23 Mar 2018, 10:08 AM IST
Next Story footLogo
Recommended For You
Agriculture Stocks
₹205.758.09%
₹622.750.48%
₹62.924.9%
₹1,556.05-1.13%
Switch to the Mint app for fast and personalized news - Get App