Showing posts with label economy. Show all posts
Showing posts with label economy. Show all posts
Tuesday, September 1, 2009
Winds of change
I guess the meteorological department and the national media too are a little bit too hyper about jumping their guns and predictions pertaining to the advent of monsoon. I remember how the meteorological people have tough times to predict monsoon or when or not the rains might arrive. So what if they are somewhat right this time? Winds of change, despite low rains and waging recession. The rain is flirting with us. Delhi recorded 203 mm of rainfall in August alone and 383.2 mm for the total season. the bigger question still is for farmers committing suicides in Chattisgarh and Andhra. Cumulative forces like the recession and rainfall has put brakes in India's development this year. Despite, reports indicating total growth crossing 6% in the 2Q. India still is dependent on the monsoon rains and the lack of it has adversely impacted rice, sugar and cotton. Eventually leading to high prices of eatables.
Can we build a mechanism to check mate low rainfall and of course it's after effects?
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