India likely to have normal monsoon in 2012 - farm secretary
NEW DELHI (Reuters) - India is likely to have normal monsoon in 2012 and the government will give a detailed region-wise forecast on Thursday, Farm Secretary P.K. Basu said on Monday.
The June-September monsoon, vital for agricultural output and economic growth, irrigates around 60 percent of farms in India, the world's second-biggest producer of rice, wheat, sugar and cotton. Agriculture accounts for about 15 percent of India's nearly $2 trillion economy, Asia's third biggest.
Last week a top weather official told Reuters that monsoon is likely to have average rainfall in 2012 despite fears the El Nino weather pattern may emerge in the second half of the season.
According to the state-run India Meteorological Department classification, rains between 96-104 percent of a 50-year average of 89 centimetres is considered normal.
(Reporting by Ratnajyoti Dutta)
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The United States on Wednesday urged the Indian government that emerges from ongoing elections to follow economic policies that encourage investment, saying Washington would like to see bilateral trade grow to $500 billion a year. Full Article