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Indian Rainfall Indicates Stronger Yield
India expects to receive above-average rainfall in July, following a below-average June; this is good news for the country’s economy, as the monsoon rains are crucial for agriculture. The rains are expected to cover the entire country soon, and while they will be beneficial for crops, they could also lead to landslides and floods in some areas. The monsoon season is vital for India’s economy, as it provides the water needed for agriculture and replenishes reservoirs and aquifers. The increased rainfall in July could help farmers accelerate planting crops such as rice, cotton, soybeans, and sugarcane.
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