On a pan-India level, monsoon rainfall is 6 percent above the long-period average. Even as reservoir levels have inched up, the pace is still slower compared to last year
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Except the eastern region of India, monsoon rainfall continued to stay in surplus, with improvement in geographic distribution, shows an analysis by Barclays based on Indian Meteorological Department (IMD) data. Reservoir storage levels are also rising steadily, reflecting surplus rainfall in week 9, starting from July 27.
Data showed that on a pan-India level, monsoon rainfall is now 6 percent above the long-period average (LPA, cumulative from June 1 to July 27). Cumulative rainfall, particularly, in the southern peninsular region is now in surplus. The eastern region remains the only one that continues to see deficient rain, with the deficit widening over the past week. Forbes India's Rain Watch series simplifies rainfall status, water reservoir levels and sowing pattern of kharif crops, using data analysis by Barclays.
IMD expects El Nino conditions to develop towards the middle of the monsoon, with global models projecting a possible peak through November 2023 to next January.