India is set for the highest monsoon rainfall since 1994 as the odds of a La Nina increase, boosting planting of rice, corn and oilseed crops.
The precipitation during the four-month rainy season starting in June is seen at 109 percent of the average of about 89 centimeters (35 inches), more than the 105 percent predicted in April, Skymet Weather Services Pvt., a New Delhi-based private forecaster, said on its website on Tuesday. The forecast has a margin of error of 4 percent. That’s more than the 106 percent estimated by the state-run India Meteorological Department.
The prediction for above normal downpour for the first time since 2013 is seen boosting prospects of agricultural production and ease an acute drinking water shortage caused by back-to-back droughts.
Prime Minister Narendra Modi’s government is counting on a normal monsoon to sustain economic growth and contain food costs after the lowest rainfall since 2009 hurt rice, corn, sugarcane, and oilseed crops last year.
Read entire article here: