Chennai: The India Meteorological Department’s (IMD) above-normal rainfall forecast for 2024 southwest monsoon (June-September) bodes well for the agriculture sector and will also keep a check on food prices, an economist with Bank of Baroda said. On Monday, the IMD said the 2024 southwest monsoon seasonal (June to September) rainfall over the country, as a whole, is most likely to be above normal (greater than 104 per cent of the Long Period Average – LPA). “Quantitatively, the seasonal rainfall over the country, as a whole, is likely to be 106 per cent of LPA with a model error of (plus/minus) 5 per cent. The LPA of the season rainfall over the country as a whole for the period 1971-2020
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