We all know 20% of Indian economy is dependent on monsoons (summer rains). Monsoon directly effect the agricultural income (and income of half a billion people living on it) and the industry. Everybody to FMCG to machine manufacturer see the rise and fall in consumption based on monsoon cycles.
No wonder, he who brings the rain (Indra) is considered to be the Kind of Gods.
To be able to predict the monsoons and guide the farmers to switch been water guzzling rice to those crops which do not require too much water, Indian Meteorological Department was founded by 1886… But like any other government department it is defunct. Its predictions are no better than the odds you get by throwing the dice. Yet the government does not allow any other private/independent to publish its predictions.
Government say we have an RTI (Right to Information), but its actions say otherwise. It allows fishermen to die due to a sea storm, rather than allow a local university to predict and give a timely warning?
Internationally monsoons is a multi-billion dollar industry which is financed by Weather Derivatives. The best scientists, mathematicians are employed to make the most accurate predictions. Most of the world’s supercomputers are solely dedicated to the task of crunching Meteorological data. Yet Indian government does not want its fishermen and farmers to benefit from it.
No Wonder there is no dedicated Weather TV Channel, even newspaper hide the weather forecasts in one unreadable corner of the newspaper.
Jai Control Raj!!