India to see normal monsoon in 2017; 99% of normal monsoon in August: IMD
India to see normal monsoon in 2017; 99% of normal monsoon in August: IMD
India Meteorological Department (IMD) on Tuesday said this year rainfall over the country for the period June-September is likely to be Normal with 96% to 104% of long period average (LPA).
In a statement, IMD said, that quantitatively, monsoon season rainfall for the country as a whole is likely to be 98% of the LPA with a model error of plus minus 4%. The LPA rainfall over the country as a whole for the period 1951-2000 is 89 cm.
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Giving monthly forecast, IMD mentioned that monsoon over the country is likely to be 96% of its LPA during July and 99% of LPA during August both with a model error of ± 9 %.
ALSO READ: Do "seasonal" stocks do well for short-term?In the earlier forecast, on April 18, IMD had said that rainfall may be 96% of the normal with an error margin of 5% on either side. IMD had also said that there are more than 50% chance of El-Nino developing from August.
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