Kharif sowing lags as Monsoon deficit persists across 52% of India: Report
New Delhi, July 7 -- Around 52 per cent of the country remains rainfall-deficient despite a recent sequential improvement in monsoon coverage.
According to a report by Dolat Capital, the agricultural backdrop across India continues to face a sizable seasonal rainfall deficit, acute moisture stress in Central India, and limited reservoir replenishment.
Total kharif sowing stands at 350.9 lakh hectares, which reflects a meaningful lag of 92.0 lakh hectares compared to the early monsoon onset of the previous year.
"The current acreage position still points to a meaningful lag, with total kharif sowing 92.0 lakh ha below last year, although last year's early monsoon onset creates an adverse base for YoY comparison. Against the five-year no...
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