A "normal" monsoon and adequate water in major reservoirs nationwide, coupled with more money to agriculture, have set the stage for a record agricultural output of 270 million tonnes 2 % in excess of the government's target  for the kharif (summer) and rabi (winter) crops of 2016.For news on Indian Stock Market Tips,Mcx Commodity Trading Tips please visit us at http://ripplesadvisory.comor call at 9303093093.

With the southwest monsoon officially withdrawing this week, water available in 91 reservoirs nationwide is 25% more than the amount available in October 2015, according to Central Water Commission data, except in Karnataka and Gujarat, which saw an 20 % deficit in seasonal rainfall.

Against the government target of 132 million tonnes, India is set for a kharif output of 135 million tonnes, according to preliminary government estimates; the previous highest was 131 million tonnes in 2011-12.

It also appears India will meet the rabi target of 137 million tonnes, one million tonnes more than the previous high in 2013-14.
                   A third of India's districts were faced with deficient rainfall in the June-August period; it now appears that Karnataka and Gujarat will be hardest hit, according to a report, 'Monsoon Granular Review' by CRISIL, a research agency.