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Monsoon 2017 expected to be normal in India says IMD

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The (June to September) Southwest monsoon 2017 is likely to be just normal (96 % Long Period Average (LPA)) , the IMD (India Meteorological Department) said on Tuesday 18th April 2017. IMD Issue long range forecast in two stage all over india. A Normal monsoon rain will benefit fertiliser manufacturing companies that produces huge DAP , Urea and other bio fertiliser as compare to below normal monsoon.

Monsoon 2017 top highlight :-

  • southwest Monsoon is likely to be 96 % (+- 5% errors ) normal this year 2017
  • Normal monsoon expected
  • Positive (IOD)Indian Ocean Dipole and weak EL Nino effect positive monsoon means  Good distribution of rain across the country.
  • 38% probability for near normal rainfall scenario
  • 3 to 4% GDP
  • The average rainfall over 89 cm (avg. of last 50 years)



Agriculture growth last three years :-

  1. 2014-15 Year 0.2 % Growth
  2. 2015-16 Year 1.2 % Growth
  3. 2016-17 Year 4.2 % Growth

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