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The data available till date for the October to 7 December 2011 period shows further deviations, as the state of Andhrapradesh in south, several northern, north eastern, eastern and western states are under severe shortage of rainfall. The Gangetic belt is showing signs of stress as the average rainfall shortage for this period is above 80% in most cases. Although not much of rain is expected during this period, it is important in terms of agriculture, arrival of winter and warding of pests! The lack of rainfall has the potential to push up input costs on agriculture for small farmers who hold less than one acre of land, and increase debts for medium farmers who often take big loans. This could also hit production of vegetables, cereals and pulses of the winter crops and summer crops. On the one side the winter has set in very late. On the other side, the Indian agricultural industry is looking at deep drops in the coming summer.
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