comScore
Active Stocks
Fri Sep 29 2023 15:59:14
  1. Tata Steel share price
  2. 129 1.78%
  1. NTPC share price
  2. 245.65 3.3%
  1. Power Grid Corporation Of India share price
  2. 199.85 -0.45%
  1. State Bank Of India share price
  2. 598.7 1.48%
  1. Wipro share price
  2. 406.25 0.11%
Business News/ News / India/  Monsoon rains likely to pick up steam by mid-June
Back

Monsoon rains likely to pick up steam by mid-June

The monsoon - which accounts for nearly 70% of India's annual rainfall and is the lifeblood of its $2.7 trillion agriculture-dependent economy - arrived on the coast of southern Kerala state on May 29

The progress of the monsoon, especially over central and northwestern India, is crucial for the planting of an array of key crops (HT_PRINT)Premium
The progress of the monsoon, especially over central and northwestern India, is crucial for the planting of an array of key crops (HT_PRINT)

India's monsoon rains are likely to pick up by mid-June, the chief of the state-run India Meteorological Department (IMD) told Reuters on Wednesday, spurring the sowing of crucial crops such as rice, corn, cotton, soybean, sugarcane and peanuts.

"As per our extended range forecast, rainfall activity is likely to increase by June 15," Mrutyunjay Mohapatra, director general of the IMD, told Reuters in an interview.

"That spell of rainfall is likely to cover central India and the northern plains of the country."

The monsoon - which accounts for nearly 70% of India's annual rainfall and is the lifeblood of its $2.7 trillion agriculture-dependent economy - arrived on the coast of southern Kerala state on May 29, two days ahead of the usual time.

But since June 1, when the four-month monsoon season began, rains are 42% below average. The IMD defines average, or normal, rainfall as ranging between 96% and 104% of a 50-year average of 87 cm (35 inches) for the entire rainy reason.

Nonetheless, some areas covered by the monsoon, particularly in the southern, eastern and northeastern states of India, have received normal to excess rain, Mohapatra said.

"Andhra Pradesh, Tamil Nadu, Assam, southern West Bengal, Meghalaya, Sikkim and some parts of Karnataka have received excess rainfall," he said.

At this stage, the progress of the monsoon, especially over central and northwestern India, is crucial for the planting of an array of key crops.

The monsoon will play an important role in determining this year's rice crop, and plentiful rains will help New Delhi maintain its preeminent position in the global rice trade.

India relies on monsoon rains to water almost half its farmland, which lacks irrigation. Farming contributes around 15% to India's $2.7 trillion economy while sustaining more than half the population of 1.3 billion. 

"Exciting news! Mint is now on WhatsApp Channels 🚀 Subscribe today by clicking the link and stay updated with the latest financial insights!" Click here!

This story has been published from a wire agency feed without modifications to the text. Only the headline has been changed.

Catch all the Business News, Market News, Breaking News Events and Latest News Updates on Live Mint. Download The Mint News App to get Daily Market Updates.
More Less
Updated: 08 Jun 2022, 10:53 PM IST
Next Story
Recommended For You
Switch to the Mint app for fast and personalized news - Get App