Cookie Control

This site uses cookies to store information on your computer.

Some cookies on this site are essential, and the site won't work as expected without them. These cookies are set when you submit a form, login or interact with the site by doing something that goes beyond clicking on simple links.

We also use some non-essential cookies to anonymously track visitors or enhance your experience of the site. If you're not happy with this, we won't set these cookies but some nice features of the site may be unavailable.

By using our site you accept the terms of our Privacy Policy.

(One cookie will be set to store your preference)
(Ticking this sets a cookie to hide this popup if you then hit close. This will not store any personal information)

"India Faces Weak Monsoon Rains, Raising Fears For Crops, Economy"

"MUMBAI - India’s monsoon rains were below average for the fourth straight week, with rainfall scanty over central and western parts of the country in the week ended on Wednesday, raising concerns about major crop production and the impact on the nation’s economy.

Monsoon rains are crucial for the country’s farm output and economic growth. About 55% of India’s arable land is rain-fed, and agriculture makes up about 15% of a $2.5 trillion economy that is Asia’s third-biggest.

And India’s economy, which grew at its slowest in more than four years over the January-March quarter, isn’t in any condition to take a big hit from a poor monsoon."

Rajendra Jadhav reports for Reuters June 22, 2019.

Source: Reuters, 06/28/2019