NATURE'S WRATH AND WEALTH: UNRAVELING THE IMPACTS OF IMBALANCED RAINSTORMS ON INDIA'S ECONOMY AND AGRICULTURE LECTURE NOTES I. Introduction • The tempest's appearance and value play a crucial role in determining how events will unfold as well as the Indian economy's growth potential for a given year. When precipitation falls between 96 and 104 percent of the long-term average, it is considered frequent. • Kerala, where the rainfall usually comes first and where rains are often far heavier than the general average, has also seen a shortage storm of 30% this season. II. Problematic Tempest's Effects on Different Points of View • Influence on Development: It is predicted that at the conclusion of the next year, agricultural development will have decreased by 5% as compared to the prior year. This will equally take 0.7 percentage points off of India's overall GDP growth. • The non-cultivating region's interest in the nation will be negatively impacted by this in a similar manner. III. Influence on Agriculture • Because India is an agricultural nation, 60% of the population depends on agribusiness for their livelihood, and it also contributes around 16% of GVA. So, the meaning of the word "rainstorm" cannot be discounted. In India, a full 40% of the affected districts are projected to experience flooding. • Rice cultivation has been significantly impacted in places like Telangana and Andhra Pradesh. Both a lack of storms and an uneven distribution of floods have proven to be problems; for instance, in West Bengal, rice cultivation was hampered by floods. • Coarse oats, pulses, and oilseeds all managed to survive despite the terrible rains and low storage levels in the states of Maharashtra and Gujarat. IV. Influence on Power Region : • Less power will be transmitted since different hydroelectric dams' water levels will be lower than usual. • Storms have a cooling impact on the areas in May and June, when a significant power outage is imminent, and when there is less precipitation, electricity demand will be higher than usual. V. Conclusion
A multi-pronged strategy is needed to deal with the current situation's lack of precipitation. This would entail finding more recent drought-friendly and climate-supportive yield collections, reducing our reliance on precipitation by improving the water framework climate, opening employment opportunities to non-farm poor, improving the range of skills at the estate entrance, introducing radical change in the farm-to-fork supply chain, etc.