Experts are still convinced that this year will see a sub-par monsoon or, still worse, a drought
New Delhi: A weakening of the El Nino weather phenomenon and an expected recovery in monsoon rainfall in coming days may, to some extent, keep inflation at manageable levels and protect rural demand even as the government prepares to handle India’s third drought in 20 years.
Experts are still convinced that this year will see a sub-par monsoon or, still worse, a drought. Some warn that sowing cycles have already been affected.
El Nino, the phenomenon associated with scanty rainfall and drought in India and other parts of Asia, may be weakened by a cooling of the Pacific Ocean in the past month, an update issued on Tuesday by the Australian Bureau of Meteorology (BOM) said.
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