A farmer squats at his dried-up field in Tikamgarh, Madhya Pradesh, in Februry 2016. (Photographer: Prashanth Vishwanathan/Bloomberg)
Year after year, the prediction of the south-west monsoon, which brings 70 percent of annual rainfall, is keenly watched by companies in agriculture business, insurance companies, and stock markets. The India Meteorological Department has come up with a new term, ‘near normal’, in its forecast for 2019. It may have satisfied the government in the election season but IMD’s press release of April 15 acknowledges that there is about 49 ...