You are here: Home » Economy & Policy » News
Business Standard

Copious rains seed hope of bumper harvest: CRISIL's DRIP Index

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

CRISIL DRIP Index | Indian monsoon | agriculture sector

Business Standard  |  New Delhi 

farmers, agriculture, MONSOON, produce, products, grains, apmc, market, msp, godown, cold storage, farming, farmers
None of the major kharif crop-growing states is staring at a rainfall deficiency

Rainfall has been abundant in July and August, months critical for the kharif crop. Sowing for the entire kharif season, estimated to have been completed as of August 21, is 8.6% higher on-year. As a result, agriculture should be the saving grace for the beleaguered Indian economy this year.

None of the major kharif crop-growing states is staring at a rainfall deficiency. In fact, this time, the story is one of excess. Since mid-August, rains have inundated Gujarat, which recorded 68% above normal rains by month-end. What comes as a solace is that most of the heavy downpour has been in the less-kharif growing areas. There have been excess rains in Telangana, Andhra Pradesh, Tamil Nadu, and Bihar almost through this season.

Region-wise, rain was 20% and 21% above normal in peninsular and central India, respectively. In the east, it was 2% above normal, while in the northwest it was 9% deficient, which is considered normal. This was on account of mild weakness in rains in Uttar Pradesh, Punjab and Haryana.


Agriculture is the only sector that grew — as much as 3.4% — in Q1, reflecting a healthy rabi crop and rapid progress in kharif sowing. CRISIL’s Deficient Rainfall Impact Parameter or DRIP scores only strengthen the expectations. This proprietary index looks beyond rainfall volume data to gauge the impact of rain deficiency on vulnerable states and crops.

The latest DRIP scores indicate stress has eased in Rajasthan. Meanwhile, DRIP scores in Uttar Pradesh rose a tad as the rains there weakened. However, scores are below last year as well as the past average. Hence, there is no reason to worry.

Note: DRIP scores are for rainfall data from June 1 to August 26

Dear Reader,

Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.

As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.

Support quality journalism and subscribe to Business Standard.

Digital Editor

First Published: Fri, September 04 2020. 23:24 IST