Monsoon cheer
India must grab some of the space vacated by China
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premium
trade, US-China trade talks, economy
Reports that meteorological conditions are turning favourable for a normal monsoon this year have come as a silver lining amid the general sense of despondency caused by the outbreak of COVID-19. It bodes well for agriculture and other rain-dependent economic activities as also for the overall economy. Its potential gains can, in fact, be enhanced further if the time till the onset of the monsoon in June is utilised to plan and prepare for diversifying agriculture to achieve two broad objectives. First, to replace crops like cereals, which are facing a glut, with those in short supply, such as oilseeds and pulses, or more nutritious and less water-consuming ones such as maize and millets. The diversification should also involve a greater integration of farming with allied activities like animal husbandry, fisheries, beekeeping, agroforestry, and others. Second, to increase the production of export-oriented crops to capture part of the space in the international agri-commodities market that is likely to be vacated by China and some other exporters due to coronavirus-related factors.