Mumbai, June 17 -- Delayed rainfall has pushed India's nationwide monsoon deficit to 35% on June 16. The shortfall in rainfall is concentrated in the regions the monsoon has failed to cover - Maharashtra, the Konkan coast, and the adjoining regions of central India. India Meteorological Department (IMD) statistics show that northwest India has received 5% more rain than normal for this time of the year while all other regions are in deficit including east and northeast India (43%), central India (63%), and the southern peninsula (14%).
Published by HT Digital Content Services with permission from Capital Market....