Monsoon rains likely to be prolonged, threatening crop harvesting

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Monsoon rains likely to be prolonged, threatening crop harvesting - Business Standard

Quick Summary:

The lifeblood of a nearly $3.5-trillion economy, the annual monsoon brings almost 70 per cent of the rain India needs to water farms and replenish reservoirs and aquifers.

India, the worldâ€™s second-largest producer of wheat, sugar, and rice, has imposed various curbs on the export of these farm commodities, and any losses due to excessive rainfall could prompt New Delhi to extend those curbs.

India has received 7 per cent more rainfall than average since the monsoon season began on June 1.