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IMD forecasts average monsoon rains in 2018

Reuters  |  NEW DELHI 

By Sudarshan Varadhan and Mayank BhardwajNEW DELHI (Reuters) - India is likely to receive average monsoon rains in 2018, the weather office said, raising the possibility of higher farm and economic growth in Asia's third-biggest economy, where half of the farmland lacks irrigation.Monsoon rains, the lifeblood of the country's $2 trillion economy, are expected to be 97 percent of a long-term average, K.J. Ramesh, director general of the state-run India Meteorological Department (IMD), told a news conference."We see very less probability of a deficit monsoon," Ramesh said.Other than lifting ...

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First Published: Mon, April 16 2018. 16:36 IST