A Good Southwest Monsoon Likely to Boost Farmer’s Empowerment

Published on Aug 09, 2020

A Good Southwest Monsoon Likely to Boost Farmer’s Empowerment

Agriculture is the backbone of the country along with its allied sectors, with 70 percent of rural India dependent on agriculture for its livelihood. Of this, two-thirds of the total arable land is meant for the rainfed area, increasing its dependence on the monsoon as India receives maximum rainfall during the monsoon which lasts till June-September. Adequate monsoon is not only a good crop. Not only is it good for food, but it is also essential for the country's food security. This ensures the availability of food for the country's growing population. Apart from this, good rainfall also opens up a new range of opportunities for investors in the agricultural sector, which in turn will boost the entire agricultural sector, thereby empowering the farmer. The reason is growing 60 percent more than the non-agricultural sector, which has forecast 40-60 percent more rainfall against the background of the previous year. Despite the COVID-19 lockdown at this rate, the agricultural sector is projected to grow by 3 percent in 2020-21. In the midst of the economic slowdown, the agriculture sector can be considered a comfortable possibility where 17 percent of the Indian economy is formed by the agriculture sector. Which is higher than the manufacturing sectors. According to the data of the Indian Meteorological Department, there have been 13 percent more rainfall between June 1 and July 9 this year as compared to previous years. This has led to a 32 percent increase in water storage in 123 reservoirs as compared to 17 percent accountability last year. As a result, the monsoon has exceeded the average 21 percent water storage of the last 10 years. A good amount of rain is believed to have boosted production where the area under the Kharif crop increased by 88.2 percent to 432.97 lakh hectares on 3 July. Adequate production is limited not only to the large domestic market but also to the grain in India. Establishes as the largest exporter of.

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