INDIA RAINFALL AGRICULTURE
Indian farmers rush to plant summer crops as monsoon revives
Indian farmers have ramped up the planting of summer-sown crops like paddy, soybean, cotton, and corn due to above-average monsoon rainfall in July. After a deficit in June, the improved weather conditions have allowed for planting on 57.5 million hectares by July 12, a tenth higher than last year. This boost in planting is crucial for India's economy, heavily reliant on the monsoon for agricultural productivity.
Govt aims to cover 25pc of kharif paddy area with climate-resilient seeds
The government aims to bring 25% of the kharif paddy area under climate-resilient seeds to combat climate change's impact. Currently, paddy is cultivated on over 410 lakh hectares. ICAR Director General Himanshu Pathak noted that while 75% of wheat uses resilient seeds, only 16% of paddy does. The goal is to increase this to 25% this season to protect rice production from erratic rainfall and climate change.
India Ratings’ Devendra Pant on how water shortage can impact economic growth
Devendra Pant, Chief Economist at India Ratings, highlights the long-term impact of water scarcity in India on agriculture, manufacturing, and hydroelectricity production. He emphasizes the need for immediate action by policymakers and citizens to address this critical issue. Pant says water scarcity is going to have an impact. and not only in agriculture, unless we develop or have those seeds and crops that can withstand extreme weather conditions.
India to see above-average rainfall in July, IMD says
In June, India faced below-normal rainfall with a deficit of 11%, marking the highest in five years, impacting the monsoon's progress. July forecasts predict above-average rainfall nationwide, following a delayed onset and stalled progression after Maharashtra, intensifying heat waves in northwest India. The core monsoon zone anticipates above-normal rainfall critical for agriculture.
The worrying changes in India’s monsoon patterns have implications for everything from agriculture to health
Take Maharashtra, 80% of which is rainfed. In areas such as Vidarbha and Marathwada, the onset of monsoon is now late. After a small pickup in July, there is a break in rainfall in August, lasting up to three-four weeks during the fruit formation phase. The wet spell starts again in September and continues well into October, when it should be dry. This isn't limited to Maharashtra. Several critical areas considered the breadbasket of India—Bihar, West Bengal and Uttar Pradesh—are witnessing the same pattern.
80% of marginal farmers in India affected by adverse climatic events: Report
According to the report, nearly 43 per cent of the surveyed farmers lost at least half of their standing crops. Rice, vegetables, and pulses were particularly affected by uneven rainfall. In the northern states, paddy fields often remain submerged for more than a week, destroying newly planted seedlings.
Monsoon inches northwards; covers Vidarbha, Chhattisgarh
Southwest Monsoon advanced northwards, covering Odisha, Chhattisgarh, and Vidarbha, bringing relief to parched regions. India has 17% deficient rainfall this monsoon season.
Monsoon gathering pace, to strengthen in Maharashtra by June 21-22: IMD
Several parts of Mumbai received showers on Wednesday morning, but it was insufficient to give respite from oppressive heat. Monsoon arrived in Mumbai on June 9, two days ahead of its normal schedule. Since then it made little progress and it is yet to cover parts of northern Maharashtra and Vidarbha.
June rainfall 20 per cent below average as monsoon stalls: IMD
Since June 1, northwest India has recorded 10.2 mm of rainfall (70 per cent less than normal), central India 50.5 mm (31 per cent less than normal), the south peninsula 106.6 mm (16 per cent more than normal), and east and northeast India 146.7 mm (15 per cent less than normal).
IMD revises June rainfall forecast downwards to 'below normal'
According to the weather office, the SW Monsoon set in over Kerala and northeastern states on May 30. Despite the onset over Kerala two days before normal, and over northeast six days before normal, the north-ward progress over Kerala, Karnataka, Rayalaseema, Goa and Telangana, most parts of South Maharashtra and some parts of South Chhattisgarh, South Odisha, most parts of Sub-Himalayan West Bengal & Sikkim and entire northeastern was gradual and happened by June 12.
20% monsoon deficit adds to India's sweltering heatwave troubles
India's monsoon has delivered 20% less rainfall than normal this season, raising concerns for agriculture. The IMD reports deficits in most regions, with northwestern states facing heat waves. Officials anticipate a revival could mitigate the shortfall. Northern states currently experience temperatures of 42-47.6°C, exceeding normal levels by 4-9°C, with a forecasted decline by the weekend.
Fertiliser, agrochemical stocks rally as monsoon arrives early
Fertiliser and agrochemical companies like FACT, Nova Agritech, and Rallis India saw a boost in shares as the monsoons arrived early. Analysts expect increased demand for products due to favorable weather conditions, with specific bullish recommendations for Coromandel International and other companies.
Monsoon likely to enter south Gujarat by June 12: IMD
The IMD has said India is likely to receive above average monsoon rains this year. The country depends heavily on the summer rains for its farm output, to boost agriculture and overall economic growth. As per the IMD, India is likely to experience normal rainfall (92-108 per cent of long period average of 166.9 mm) in June.
Monsoon reaches Mumbai two days early
Southwest monsoon arrived in Mumbai two days early, after early onset over Kerala and northeast on May 30, as per IMD. Last year, monsoon reached Delhi and Mumbai together on June 25, impacted by Cyclone Biparjoy. Monsoon normally reaches Kerala by June 1 and Mumbai by June 11.
Dabur India, PI Industries could rally 19-26% return on above normal monsoon: Siddhartha Khemka
IMD predicts above-normal monsoon in 2024, impacting agriculture and market sectors positively. Companies like Dabur India and PI Industries could see significant growth. Expert insights from Motilal Oswal Financial Services highlight investment opportunities in the pharma sector.
Monsoon sets in over Kerala, northeast: IMD
Southwest monsoon advances into Kerala and Northeast India, one day early in Kerala and 6 days early in Northeast. Heavy rainfall in Kerala, beneficial for agriculture. Monsoon crucial for agriculture, providing 70% of India's yearly rain and supporting GDP and population.
Conditions becoming favourable for southwest monsoon onset over Kerala in 3-4 days: IMD
The India Meteorological Department (IMD) predicts the Southwest Monsoon will reach Kerala in the next 3-4 days, bringing relief from the current heatwave in Northwest and Central India starting May 30. The monsoon is expected to advance into additional areas, including parts of the South Arabian Sea, Maldives, Lakshadweep, and Northeastern states. IMD forecasts "above normal" rainfall during the June-September monsoon, promising a bountiful agricultural harvest, which may ease inflation and boost growth.
IMD predicts 106% rainfall of long period average during June-September monsoon season
The southwest monsoon is expected to make onset over Kerala around May 31 against the normal date of June 1 and “its advance soi far has been near normal and conditions will continue to be favourable for its onset over Indian mainland,” said Mrutyunjay Mohapatra, director general of meteorology, IMD.
Southwest monsoon makes onset over Nicobar Islands, says IMD
The annual rainfall phenomenon is expected to reach Kerala by May 31. The date of monsoon onset over Kerala has varied widely over the last 150 years, the earliest being May 11 in 1918, and the most delayed being June 18 in 1972, according to IMD data. The rain-bearing system arrived in the southern state on June 8 last year, May 29 in 2022, June 3 in 2021 and June 1 in 2020.
Load More
