India is likely to get average monsoon rains this year, a private weather forecasting agency said on Tuesday, raising prospects of higher farm and economic growth in Asia's third-biggest economy.
Monsoon rains are expected to be 98% of the long-term average, and there is a 65% chance that India will get average rainfall, Skymet said.
New Delhi defines average, or normal, rainfall as between 96% and 104% of a 50-year average of 88 centimetres for the four-month season beginning June. The state-run India Meteorological Department will announce its annual monsoon forecast later this month. Nearly half of India's farmland, which has no irrigation cover, depends on annual June-September rains to grow crops such as rice, corn, cane, cotton and soybeans.Reporting by Rajendra Jadhav; Editing by Kim CoghillSubscribe to our sustainability newsletter to make sense of the latest ESG trends affecting companies and governments.
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