Agriculture is turning out to be a green shoot amid economic woes created by the pandemic: Rating agency Crisil

Agriculture is turning out to be a green shoot amid economic woes created by the pandemic: Rating agency Crisil


The south-west monsoon has been bountiful in many parts of the country. Rainfall has been up to 80 per cent above normal in Madhya Pradesh and Bihar. In Maharashtra, Gujarat and Punjab, it has so far been in the normal range.

Up to July 14, 2020, all-India rainfall was 11 per cent above the long period average (LPA) but in June, it was 24 per cent higher. This year, sowing should be 2 per cent-3 per cent above normal, Crisil said.

“Planting of field crops this kharif season has been 44 per cent above last year’s level as on July 10. The number also gets helped up by last year’s low base. In contrast, rainfall in June 2019 was 30 per cent below the LPA and only 14 per cent of the total kharif season sowing could take place that month,” a note from Crisil said.

The last time monsoon shaped this way was in 2015, when it poured 27 per cent above the LPA in June, and sowing was 29 per cent of the full season as compared with 30 per cent this time. Among states, sowing is lower in June this year versus same period of 2015 in Andhra Pradesh, Rajasthan and Tamil Nadu, while Punjab and Haryana are on a par.

However, the 2015 monsoon ended up 10 per cent below the LPA, though the season saw 1,055 lakh hectare sown, over the 1,044 lakh hectare mark considered normal.





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