Vibha SharmaNew Delhi, April 7 -- Amid the ongoing geopolitical chaos, rising crude prices and inflation, there seems to be another grim scenario building up on the horizon-the possibility of a below-normal monsoon, the lifeline of India.
While official forecaster IMD is yet to take a position on the critical June-September season that drives the agrarian and economic health of the country and the general well-being of its people, private forecaster Skymet on Tuesday warned that the upcoming monsoon season may be "below normal", a scenario that is also negative for groundwater and reservoirs' recharge and the power situation.
According to Skymet, monsoon is expected to be 94 per cent (with an error margin of /-5 pc) of the long-period ave...