India Monsoon Season Update: The lowest rainfall in the last 100 years can be seen in August 2023. Due to the effect of El Nino, there is a huge deficiency in monsoon rains in many states of the country. In its report, Reuters has quoted two meteorological officials as saying that after 1901, the country is expected to receive the lowest rainfall in August 2023.
Deficient rains impacting Kharif crop
Due to the lack of rain, a jump in food inflation can be seen. Because the lack of rain is likely to affect the production of Kharif crops. There may be a decrease in the production of rice to soyabean in this Kharif season. Less rain may affect the production of crops grown in the coming rabi season, which includes wheat and mustard. It is very important to have moisture in the fields for the cultivation of wheat.
The economy will also suffer
If there is a shortage of rain in this monsoon season, wheat production can be directly affected due to lack of moisture in the fields. Its effect can be seen on the country’s economic development and rural economy, which is completely dependent on agriculture. India is dependent on monsoon rains for 70 per cent of the water it needs for its agriculture and reservoirs. The IMD official told that this monsoon seems to be weakening. He told that there is a lack of rain in South, Central and West India.
Risk of rising inflation
There is a danger of rising inflation due to less rains in this monsoon season. According to the figures announced for the month of July, the retail inflation rate has increased to 7.44 percent and the food inflation rate has reached 11.51 percent. Apart from greens and vegetables, the prices of wheat, rice and pulses have already started increasing. And if there is less rain, inflation can increase further.
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