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India Monsoon - Poor Monsoon Could Spell Disaster For India's Agriculture-Based Economy, Say Experts - The Economic Times
India Monsoon - Poor Monsoon Could Spell Disaster For India's Agriculture-Based Economy, Say Experts - The Economic Times
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Business News › News › Economy › Agriculture › Poor monsoon could spell disaster for India's agriculture-based economy, say experts
Synopsis
The monsoon accounts for around 70 per cent of the country's annual rainfall and
irrigates 60 per cent of its net sown area. Nearly half of the population depends on
agriculture directly or indirectly. A bad monsoon invariably means bad crop production
and inflation.
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the government to curb wheat exports and cut output predictions by roughly
5 per cent — from 111.3 million tonnes to 106.4 million tonnes.
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the trot, its slow progress in the first half of June sparked fears about a delay in
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the sowing of crops such as paddy.
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The prediction is good and the rainfall is picking up. The countrywide rainfall PM Kisan
deficit has decreased from 43 per cent on June 11 to 18 per cent on June 17, said
Mrutyunjay Mohapatra, Director General (D-G), India Meteorological Popular in Economy
Department (IMD).
He said La Nina conditions, considered good for the monsoon, will continue
till the end of the season, but will be countered by the projected negative
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Indian Ocean Dipole (IOD), known for obstructing the progression of the
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The country received deficient rainfall as far as the agriculture sector is Guaranteed discounts for all
concerned, he said, attributing the sluggish start to the absence of a "driving voters*!
system like offshore trough, cyclonic circulation, among others".
But that is going to change soon. A cyclonic circulation will come up over parts
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By Pranab Dhal Samanta
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7/13/22, 1:26 PM India Monsoon: Poor monsoon could spell disaster for India's agriculture-based economy, say experts - The Economic Times
"This cyclonic circulation will initiate the typical easterly flow which is crucial
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for the advance of the monsoon into northwest India," he said.
By Amitabh Kant
Central parts of the country, including Maharashtra, Madhya Pradesh, Top Category Deals
adjoining Telangana, Chhattisgarh and Jharkhand, are the core monsoon rain-
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fed area and therefore, are the most vulnerable.
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A delay in the monsoon poses a greater risk to Maharashtra, as it is a large
state stretching from the Konkan coast to Vidarbha and has diverse weather
conditions.
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“But the situation is becoming better. The disappointing phase has ended at
least for the month of June. The rain-fed areas are expected to do well,”
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Sharma said.
“The outlook is good and it appears to be reviving. We should get good rains in
July. The situation is not so concerning. A large rainfall deficit that extends
into the first week of July is considered disastrous for the Kharif crop,” he said.
A good rainfall is all the more necessary because the prolonged heatwaves
have sucked the moisture from the soil, the scientist said.
Sehgal attributed the food inflation to heatwaves and volatile global markets.
Globally, the demand for wheat grew due to the Russia-Ukraine war. The two
nations together export a quarter of the world's wheat.
The increase in crude oil prices and the weakening of Rupee also leads to
diversion of a substantial amount of foodgrain for the production of bio-
ethanol which in turn leads to food inflation, the IARI professor explained.
Food and trade policy expert Devinder Sharma said deadly heat waves have
already hit the wheat yields this year and the country needs a normal
monsoon for adequate rice production.
Punjab has 98 per cent of its crop area under assured irrigation. But not all
regions of the country have this advantage, he said.
The monsoon has been sluggish in the first part of June, with the rainfall
deficit piling up to 80 per cent in some parts of the country. It will certainly
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