InvestorQ : How has the monsoon been progressing in India in June?
Tisha Malhotra made post

How has the monsoon been progressing in India in June?

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Aashna Tripathi answered.
3 weeks ago
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Asper the IMD, the southwest progress may have been spasmodic to begin with, but should normalize soon. It is likely to touch Mumbai over the weekend. Timely and adequate rains are essential to catalyse the Kharif sowing season and help keep food inflation in control.

However, the situation is that as of the 11th of June, rains were 43% short of the median. IMD has pegged the monsoons this year in a range of 92% to 108% of the long period average (LPA). The government has announced attractive MSP for Kharif crops for 2022.

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