Rain forecast by IMD

This article on mint gives a picture of the accuracy of initial IMD forecast vs actual realized rain fall. This year IMD is predicting a more than Long Term Average (LTA) rainfall of 106%. With two drought years back to back lets hope that there is a better rainfall atleast this year.

Advertisements

Author: Bobbur Abhilash

I am a fourth year Doctoral student in the Finance and Control Department at IIM Calcutta.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s