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India Receives Above Average Rains This Week For 1st Time Since June 1

Thursday, July 11, 2019, 8:07 AM

The country's monsoon-rains in the week-ending were above average for the first-time since the start of season on June-1, helping farmers to accelerate the planting of summer-sown crops and easing concerns of drought. Monsoon-rains are crucial for farm-output and economic-growth, as about 55% of the arable-land is rain-fed, and agriculture forms about 15% of a $2.5-trillion economy that is the third biggest in Asia.