As of end-July, it moderated to normal (or 0 per cent deviation). The month saw downpour abundant in east, north-east, and the southern peninsula (12 per cent above normal in both regions), while it turned 20 per cent below normal in the north-west.
The early arrival of monsoon
hastened sowing across crops. As of July 31, sowing is 14 per cent higher on-year and about 82 per cent of total kharif acreage has been covered. Sowing has progressed the fastest in pulses and rice (19 per cent higher on-year), followed by oilseeds (Rs 17 per cent higher) and cotton (Rs 11 per cent higher).
This seeds hope that agriculture
can help Indian economy from sinking too low this fiscal year. Some regions and states are seeing the rainfall
moderate, which bears watching. But the rainfall
volume data alone does not tell the whole story. There is a need to consider vulnerabilities that arise from inadequate irrigation for a comprehensive perspective on states and crops.
CRISIL’s Deficient Rainfall Impact Parameter (DRIP) does just that. DRIP provides a better assessment of deficiency because it considers the irrigation buffer available for states and crops. Higher the DRIP scores, more adverse the impact of deficient rains. We compare scores not just with the previous year, but also with the last five-year average.
State-wise, rains have been above normal in major crop-producing states except Rajasthan, where they are 27 per cent below normal. The DRIP score for Rajasthan is both, higher on-year and higher than last five-year average. Among crops, DRIP scores are high for bajra (Rajasthan is a major producer) where scores are above the last five-year average. For soybean and maize (Rajasthan and MP are large producers for both crops), scores are higher than both, last year and average of the past five years.
Business Standard has always strived hard to provide up-to-date information and commentary on developments that are of interest to you and have wider political and economic implications for the country and the world. Your encouragement and constant feedback on how to improve our offering have only made our resolve and commitment to these ideals stronger. Even during these difficult times arising out of Covid-19, we continue to remain committed to keeping you informed and updated with credible news, authoritative views and incisive commentary on topical issues of relevance.
We, however, have a request.
As we battle the economic impact of the pandemic, we need your support even more, so that we can continue to offer you more quality content. Our subscription model has seen an encouraging response from many of you, who have subscribed to our online content. More subscription to our online content can only help us achieve the goals of offering you even better and more relevant content. We believe in free, fair and credible journalism. Your support through more subscriptions can help us practise the journalism to which we are committed.
Support quality journalism and subscribe to Business Standard.