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Outlook for kharif season favourable as sowing is 44% more than 2019: ICRA

The monsoon rainfall recorded a timely onset and rains covered the entire country well ahead of the normal date

farming, farmers, kharif, wheat, crops, sowing, agriculture, rural

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The monsoon rainfall recorded a timely onset and rains covered the entire country well ahead of the normal date.

3 min read Last Updated : Jul 18 2020 | 3:10 PM IST

The outlook for kharif season (June to October) remains favourable as sowing was 44.1 per cent higher than the year-ago level and more than half of the 2019 kharif acreage had been covered, investment information firm ICRA has said.

The monsoon rainfall recorded a timely onset and rains covered the entire country well ahead of the normal date.

Moreover, the reverse migration of a large portion of migrant workers back to the rural areas suggests a shift in where consumption will take place at the bottom of pyramid.

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Topics : Coronavirus Kharif season agriculture economy ICRA Economic recovery passenger vehicle sales two-wheelers sales

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