India is likely to receive normal monsoon rainfall in 2023, the state-run weather office said on Tuesday, the fifth straight year of normal or above normal summer rains that spur farm and overall economic growth in Asia's third-biggest economy.
A spell of good rains could lift farm and wider economic growth and help bring down food price inflation, which jumped in recent months and prompted the central bank to raise lending rates.
The India Meteorological Department defines average, or normal, rainfall as ranging between 96% and 104% of a 50-year average of 87 cm for the four-month season.on Monday forecast India could get below-normal monsoon rains in 2023, with an increasing likelihood of El-Nino, which typically brings dry weather to Asia.
El Nino weather is unlikely to have any impact on production of summer-sown crops and there is no need to worry about the sowing pattern, Ravichandran said.
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