Monsoon rains above normal, crop yield may touch record high

Image
BS Reporter New Delhi
Last Updated : Jan 21 2013 | 12:40 AM IST

The four-month southwest monsoon, which began in June, ended on Friday with almost two per cent above normal rains, contrary to the met office estimate of below-normal rains.

Good rainfall across most parts of India has raised the prospects of a bumper harvest not only during the current kharif season, but in the rabi season. Experts said the late surge in showers is expected to provide adequate moisture to the soil. Of the four major regions, the southwest monsoon has been most vigorous this year over central India and worst in east and north-eastern parts of the country.

Rainfall over central parts, including Madhya Pradesh and Maharashtra, has been around 11 per cent above normal, the India Meteorological Department (IMD) said in a statement on Friday. It said the monsoon has completely withdrawn from northwest and central India and will soon receded from other parts within the next few days.

Following a good monsoon the water has also risen at a comfortable level in 81 major reservoirs across India. According to the Central Water Commission (CWC), water levels in the reservoirs is estimated to be 131.49 billion cubic centimeters as of on Friday, which is 118 per cent of last year's storage and 128 per cent of the average of last 10 years.

The agriculture ministry, in its first advanced estimate for 2011-2012 kharif season, has pegged foodgrain production at a record 123.88 million tonnes, up 3.06 per cent from last year.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Oct 01 2011 | 12:23 AM IST

Next Story