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Rain-fed farms common, but India unique in letting bad rains wreak economic havoc

2014-07-20 22:18:00| Climate Ark Climate Change & Global Warming Newsfeed

Quartz: Last weeks rains helped dispel some of the gathering economic clouds?. Though the storm has yet not passed, there is a collective sigh of relief, because poor rains would have meant higher inflation, lower GDP, commodity price swings and widespread human misery among Indias vast number of farmers and farm hands. India might nurse delusions of becoming an economic superpower, but monsoons are still the final arbiter of our GDP. With all the progress in technology and weather forecasting in the...

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