Monsoon 2018: The India Meteorological Department (IMD) forecast says that there will be 97% normal monsoon for the year 2018-19, which could be a good news for the rural economy that suffered due to the twin impact of drought years and demonetisation. This year will be the third year for the normal monsoon with very less chance of rain deficit, IMD said.
“Very less probability of deficient monsoon,” IMD DG KG Ramesh said after the forecast. While monsoon is expected to be normal for the third year in a row, normal rainfall this year really matter for the rural economy as the country this year in a real sense is expected to overcome the disruptions caused due to drought in 2014-15 and 2015-16 and demonetisation in 2016.
Source: Financial Express