CRISIL DRIP Index

Capital expenditure (capex) of small private airports is expected to rise 50-60 per cent on an average over the next three years on the back of capacity expansion on account of substantial increase in terminal utilisation levels, ratings agency Crisil said on Monday. On the other hand, capex at large private airports will see a decline during the same period as much of the capacity expansion has been completed or is nearing completion, it said. However, the overall capex of private airports will slightly slow down by 10-15 per cent to about Rs 40,000 crore over the next three years, as per the ratings agency. Crisil said its analysis is based on the capex of 11 operating private airports and two soon-to-be-operational private airports, which together account for more than 95 per cent of India's private airport passenger traffic. For this study, small private airports were classified as those with capacity of less than 20 million passengers per annum and located in Ahmedabad, ...

Crop-wise, DRIP scores are better for most crops except pulses and rice relative to the previous year

The aggregate indebtedness of states, is expected to remain elevated at 30-31 per cent this fiscal, almost similar to 31.5 per cent of last fiscal, Crisil report said

At an all-India level, only 27.5% of the groundnut crop area is under irrigation, according to government data

The latest DRIP scores - as of July 21, 2021 - not only remain high but rose further for Rajasthan, Gujarat, Madhya Pradesh and Odisha

CRISIL's DRIP scores show stress for 4 states, crops

Agriculture should be the saving grace for the beleaguered Indian economy this year

Rajasthan, MP and Odisha in the stress zone

But DRIP scores show some stress for three states and three crops

Latest data shows rains have been the most abundant in central India, at 14% above normal, followed by the southern region at 9% above normal

Overall, the rain recovery over the past few weeks is encouraging at an all-India level since it puts to rest concerns around yet another year of rainfall shortage and the impact on sowing

Several states and crops grapple with deficient rains

As of July 31, rainfall from the southwest monsoon was 9% below the long period average

This week's DRIP scores continue to highlight the strain in Gujarat, West Bengal, Rajasthan and Bihar

With the key rainfall months of July and August behind us, the rainfall situation and impact seems more stable now

Rainfall volume data alone, therefore, is not sufficient to assess the distribution impact

But these are early days and the Indian Meteorological Department has forecast rain would catch up