News: The India Meteorological Department (IMD) on Tuesday predicted a "normal" monsoon this year. Rainfall during the June-September season is likely to be 96% of the long-term average, with an error margin of 5%. El Niño impact could be felt in the second half of the monsoon season, clarifying that all El Niño years were not bad monsoon years.
Views: Though there are different predictions on El Niño and it's impact on monsoon, a normal monsoon could be a relief in terms of production of agri crops, rural income levels & rural consumption. However, we would wait for subsequent updates by MET agencies in the next few months for more clarity.
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