Every year in May, we stumble upon one piece of news and that is - when and how much will it rain this monsoon season? If it rains less, we face issues like farmers’ distress, lower levels of water reservoirs, inflation, etc. But if it rains more, all the infrastructure fault lines erupt.
Right now, we are at a time when monsoon has begun but was delayed. Many people believe that deficient, surplus or abnormal rains can pull down the agriculture GDP. It is obvious and commonsensical to believe that this could be true. Although this might be true at the regional level or for a crop-specific output, it is not true at a macro level. Surprised?
Well, we will refute this assumption in this episode.
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