InvestorQ : Have rains been inadequate in the current monsoon season?
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Have rains been inadequate in the current monsoon season?

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3 weeks ago
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The issue this time around is not on the quantum of rains but the distribution and reach of the south West Monsoon. For example, according to the Met Department, India had nearly received 10% excess rainfall in the month of June. However, despite this higher level of rains, the southwest monsoon continues to elude large parts of central India, north India and northwest India.

This data was disclosed by the IMD in their June-end briefing. IMD specifically mentioned that there was no progress in the southwest monsoon after 19 June and the winds were currently stuck in the Barmer-Bhilwara region of Rajasthan and not moving beyond that. This is surprising as the monsoons had touched Kerala on schedule on 03 June. While North East is seeing a deluge, Northwest is having a dry spell, which could impact crop patterns.

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