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Monsoon rains will be near normal, predicts IMD in good news for economy

The monsoon season delivers about 70% of India's annual rainfall and is key to the success of the farm sector in India

The state-run India Meteorological Department (IMD) is expected to release its first forecast in April
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Pratik Parija | Bloomberg New Delhi
India's southwest monsoon, which waters more than half of the country’s farmland and is crucial for economic growth, is expected to be ’near-normal’ this year as the risk of an El Nino weather pattern looms.

Annual rainfall during the June-September rainy season is likely to be 96 percent of a long-term average, the India Meteorological Department said on Monday. The forecast has a margin of error of 5 percent, according to the weather office.

The monsoon is critical to India’s agriculture as it accounts for more than 70 percent of the country’s annual rainfall and fills reservoirs that help irrigate crops. It