July Mon­soon Rain­fall a Tad Above Nor­mal

The Economic Times - - Economy - Nishtha.Saluja @times­group.com

New Delhi: Mon­soon rain­fall was slightly above nor­mal in July af­ter be­ing 4% in ex­cess in the pre­vi­ous month. It is likely to re­main pos­i­tive although it’s ex­pected to be in a lean phase for about 10 days.

To­tal rain­fall re­ceived last month was 290.4 mm, which is 0.41% above nor­mal in July. Rain­fall re­ceived since June 1 over the coun­try has been 2% above nor­mal, with only north­west & Cen­tral re­ceiv­ing above nor­mal rain­fall. How­ever, rain­fall has been un­evenly dis­trib­uted, with floods in Gu­jarat and Ra­jasthan, and very heavy showers in MP. Parts of south­ern In­dia, par­tic­u­larly Kar­nataka, have re­ceived scanty rain.

An­a­lysts said the out­look for the kharif crop re­mains good.

“I would re­main pos­i­tive on the agri­cul­tural out­put this year de­spite the floods in cer­tain re­gions as it may not af­fect the over­all pro­duc­tion in the coun­try,” said Madan Sab­navis, chief econ­o­mist at CARE Rat­ings.

Af­ter nor­mal rain­fall for two months, In­dia Me­te­o­ro­log­i­cal Depart­ment (IMD) is ex­pect­ing weak mon­soon showers across the coun­try in the first week of Au­gust.

“Rain­fall ac­tiv­ity for this week will be com­par­a­tively less than ex­pected due to low in­ten­sity weather sys­tems. How­ever, it doesn’t mean that rain­fall will com­pletely stop,” said an IMD of­fi­cial.

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