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    A
    Agriculture
    SECTOR | 12 Jun 2023

    Negligible correlation between milk production and monsoon deficiency

    buy
    Agriculture
    by ICICI Securities Limited
    ICICI Securities Limited
    Over FY1992-2022, milk production has grown every year irrespective of deficient or excess rainfall. We note production has increased even in those years when monsoon deficiency was higher than 15%. The correlation coefficient between monsoon deficiency and milk production is just 0.17 over FY1992-2022.
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