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August likely to be wettest since 1901

New Delhi: The monsoon has roared back in August with excess rain of 26%, and is likely to be among the wettest since 1901, when the weather office started recording official data.Rainfall is already at a record in India’s mid-latitude states including Mahrashtra, Madhya Pradesh, Gujarat and Odisha. This region, which the weather office categorises as ‘central India’, has received an all-time high 482.8 mm rainfall this month.The surge in rainfall, following a weak July, has raised hopes of a record harvest of summer-sown, or kharif, crops, although there are concerns about floods, particularly in Madhya Pradesh, which is an important area for oilseeds and pulses.Good monsoon rain has cheered farmers. This is expected to boost rural demand for consumer goods, cars, two-wheelers, fertilizers, tractors, gold, and several other products.

Source: Economic Times