Tuesday 11 July 2017

Monsoon might make strong comeback over Central India this week

The southwest monsoon, less than satisfactory in parts of central India, where most of the oilseeds and pulses are grown, is expected to make a strong comeback in the coming few days.
However, the southern region might have to wait a little longer for getting heavy rain. India Meteorological Department (IMD) says rain over central India during the first 40 days of the four-month southwest monsoon that started from June 1 has been around eight per cent below normal, triggering fear of an adverse impact on the standing pulses, oilseeds and cotton crops. Nifty Trading Tips



Over southern peninsular India, rainfall was nine per cent less than the average from June 1 to July 11. Overall, across the country, the southwest monsoon has been one per cent below normal from June 1 to July 11, at 259.6 mm. In the four-month season, July and August are the critical periods for getting good farm output, as this is the time of highest rain. The weather office said the situation might turn for central India in the next few days under the influence of a low pressure area forming over eastern Uttar Pradesh. The impact of this would mean good rain in most of Madhya Pradesh (MP)in the next few days. In Gujarat, showers might be very heavy from Thursday to Sunday. “These might help in wiping off all the seasonal deficit and help in saving the standing crop in some places,” Mahesh Palawat, chief meteorologist at private weather forecasting agency Skymet, told Business StandardFuture & Option Trading Tips

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