India’s Met Department prediction of a normal monsoon this year comes as a big relief to the country. If the prediction goes correct, it will have a salutary impact on the rural economy and mitigate farm distress to some extent at least. Monsoon news is always a big news in our country. Because, it not only affects the fate of the farmer, but also that of the political class, more so, just ahead of the election year.
This would be the third straight year of normal rains and the Centre and the State Governments could only heave a sigh of relief as they too are aware of the dire need of a normal monsoon as otherwise, as there is little for the farmer of this country to cheer in the absence of unfriendly governments. Be as it may, a good monsoon alone will not help revitalise the rural economy.
Much depends on the governments. The Centre as well as the States should start planning farm moves without delay and advise farmers on their sowing plan. Ensuring proper supply of fertilizers is important. The governments must also plan for the marketing facilities properly, the lack of which is hurting the farm community since long. Farm distress will not go away nor will the suicides of farmers stop if the governments turn a blind eye to their problems.
It really hurts seeing the farmers dump their produce on the roads and highways having failed to secure even the costs. The IMD says India will receive 97 per cent of the long period average rainfall this year. A revival in rural consumption is crucial to boost growth after the twin shocks of demonetisation and the GST. Nearly 60 per cent of the country’s farms lack irrigation facilities, leaving millions of farmers dependent on the rains.
The monsoon is critical to replenish 81 reservoirs necessary for power generation, irrigation and drinking water. About half of India’s farm output comes from summer sown kharif crops. It also delivers 70 per cent of the country’s annual rainfall and determines the yield of key crops such as rice, wheat, sugarcane and oilseeds such as soybeans.
The farm sector itself accounts for 15 per cent of India’s $2 trillion economy employing more than half of the country’s working people. A good monsoon boosts demand for consumer goods by raising farm incomes of rural people. A stronger economic outlook would lift the share value, mainly of companies selling products in rural areas, including consumer goods, automobiles, fertilisers and pesticides. Take for example the motorcycles industry. Close to 40 per cent of motorcycle sales happen in the rural side. A similar level of demand for cement is also from rural housing.
Normal rains in the last two years helped a rebound in farm growth rate of 6.8 per cent in 2016-17 and an estimated 3 per cent in 2017-18.
That is why Met prediction sounds like ‘Megh Malhar’ lifting the spirits! Yet, it is no music to the ears of the farmer as he is too dependent on the governments. A kind monsoon alone will not help the farm sector. It requires a kind government, too. #KhabarLive
I just want to tell you that I am just very new to blogging and really enjoyed this blog site. More than likely I’m likely to bookmark your blog post . You amazingly have excellent article content. Thanks a bunch for sharing with us your web site.
Faytech North America is a touch screen Manufacturer of both monitors and pcs. They specialize in the design, development, manufacturing and marketing of Capacitive touch screen, Resistive touch screen, Industrial touch screen, IP65 touch screen, touchscreen monitors and integrated touchscreen PCs. Contact them at http://www.faytech.us, 121 Varick Street, New York, NY 10013, +1 646 205 3214
MetroClick specializes in building completely interactive products like Photo Booth for rental or sale, Touch Screen Kiosks, Large Touch Screen Displays , Monitors, Digital Signages and experiences. With our own hardware production facility and in-house software development teams, we are able to achieve the highest level of customization and versatility for Photo Booths, Touch Screen Kiosks, Touch Screen Monitors and Digital Signage. Visit MetroClick at http://www.metroclick.com/ or , 121 Varick St, New York, NY 10013, +1 646-843-0888
Since 1998, Clean Services Northwest company has been offering window cleaning, window washers, window cleaners to companies, businesses and organizations in the greater Portland Metro Area, providing quality property maintenance services at a fair price. Clean Services Northwest specializes in window cleaning, pressure washing, carpet cleaning, and gutter cleaning. They also perform other specialized maintenance tasks, such as roof cleaning, vent cleaning, and construction cleanup. Our technicians will have your building or facility looking great, whether we have left the glass sparkling, the concrete brightened, the flooring spotless, or all of the above. Visit us at http://www.cleanservicesnorthwest.com/ or Clean Services Northwest, 8910 SE Fuller Rd, Happy Valley, OR 97086, USA
Howdy here, just turned out to be mindful of your webpage through Google, and discovered that it is genuinely informative. I will take pleasure in if you keep up these.
My spouse and I stumbled over here different web page and thought I might check things out. I like what I see so i am just following you. Look forward to looking into your web page again.
I’ve read some good stuff here. Certainly value bookmarking for revisiting. I surprise how so much effort you place to create this kind of magnificent informative site.
Some times its a pain in the ass to read what blog owners wrote but this internet site is rattling user friendly ! .
What i do not realize is in fact how you are now not really much more neatly-favored than you may be now. You are so intelligent. You already know therefore significantly with regards to this matter, produced me in my opinion imagine it from a lot of varied angles. Its like women and men are not fascinated until it is one thing to do with Lady gaga! Your personal stuffs outstanding. At all times handle it up!
It can be mostly unthinkable to find well-advised parties on this content, in addition you seem like you fully grasp what you’re writing about! Cheers
Wonderful blog! I found it while surfing around on Yahoo News. Do you have any tips on how to get listed in Yahoo News? I’ve been trying for a while but I never seem to get there! Thank you
I know this if off topic but I’m looking into starting my own weblog and was wondering what all is required to get set up? I’m assuming having a blog like yours would cost a pretty penny? I’m not very web smart so I’m not 100% sure. Any tips or advice would be greatly appreciated. Appreciate it
Do you mind if I quote a few of your posts as long as I provide credit and sources back to your blog? My blog site is in the exact same niche as yours and my visitors would truly benefit from some of the information you provide here. Please let me know if this okay with you. Appreciate it!
Greetings from Ohio! I’m bored to death at work so I decided to check out your site on my iphone during lunch break. I enjoy the info you present here and can’t wait to take a look when I get home. I’m surprised at how fast your blog loaded on my cell phone .. I’m not even using WIFI, just 3G .. Anyways, awesome blog!
Hmm it appears like your blog ate my first comment (it was extremely long) so I guess I’ll just sum it up what I wrote and say, I’m thoroughly enjoying your blog. I too am an aspiring blog blogger but I’m still new to the whole thing. Do you have any suggestions for rookie blog writers? I’d definitely appreciate it.
Hi, I think your site might be having browser compatibility issues. When I look at your blog in Chrome, it looks fine but when opening in Internet Explorer, it has some overlapping. I just wanted to give you a quick heads up! Other then that, wonderful blog!
Hiya! I know this is kinda off topic however I’d figured I’d ask. Would you be interested in exchanging links or maybe guest writing a blog article or vice-versa? My blog goes over a lot of the same topics as yours and I believe we could greatly benefit from each other. If you might be interested feel free to send me an e-mail. I look forward to hearing from you! Fantastic blog by the way!
This design is incredible! You definitely know how to keep a reader amused. Between your wit and your videos, I was almost moved to start my own blog (well, almost…HaHa!) Wonderful job. I really loved what you had to say, and more than that, how you presented it. Too cool!
Hiya! I know this is kinda off topic however I’d figured I’d ask. Would you be interested in trading links or maybe guest authoring a blog post or vice-versa? My website discusses a lot of the same subjects as yours and I think we could greatly benefit from each other. If you might be interested feel free to send me an e-mail. I look forward to hearing from you! Wonderful blog by the way!
The other day, while I was at work, my sister stole my iphone and tested to see if it can survive a 40 foot drop, just so she can be a youtube sensation. My iPad is now destroyed and she has 83 views. I know this is totally off topic but I had to share it with someone!
Comments are closed.