Normal monsoons this year: Skymet
Skymet expects the upcoming monsoon to be to the tune of 102% (with an error margin of +/- 5%) of the long-period average (LPA) of 868.6mm for the four-month long period from June to September.
Skymet expects the upcoming monsoon to be to the tune of 102% (with an error margin of +/- 5%) of the long-period average (LPA) of 868.6mm for the four-month long period from June to September.
A confident government may decide not to rock the fiscal boat despite impending elections.
Monsoon Impact Index of SBI Research, with present value of 64 fares better than 2022, which means lesser impact of spatial distribution of rainfall on economy
El Niño conditions are likely to develop over the equatorial Pacific Ocean, says IMD.
Likelihood of El Nino is increasing and its probability to become a dominant category during the monsoon is growing large, says Skymet.
It is the time of the year to start chasing dark clouds over the Arabian Sea. Normal rains will offset the demand recession induced by the pandemic and wash away a lot of the country’s woes.