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India likely to have below-average monsoon this year
24 Apr 2014, 10:31 PM IST i


India is likely to have below-average monsoon rainfall in 2014, raising the possibility that drought could stoke inflation and hit a sluggish economy dependent on the elements because half the country's farmland lacks irrigation.
Patchy rain could hit planting of crops such as soybeans, rice, corn and cotton, pressuring economic growth that has nearly halved to below 5 per cent in the past two years. Poor crops could in turn rai...
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