The rainfall indexes - RAINDEXMUM, RAINDEXIDR and RAINDEXJAI
- records rainfall at Mumbai (Colaba), Indore and Jaipur respectively, and
is designed such that it also considers the normal historical rainfall in
Mumbai, Indore and Jaipur. All historical and current data has been taken
from Indian Meteorological Department (IMD).
The index is computed based on historical annual cumulative rainfall and
adjusted with net surplus or deficit of actual cumulative rainfall as of
that date. The adjustment factor takes into account the impact of historical
and actual rainfall during the period. The normal index values for Mumbai,
Indore and Jaipur are 1950, 950 and 350 respectively. A cap is adopted on
the maximum daily rainfall to reduce the impact on index at times of unprecedented
rainfall on a single day (example: July 26, 2005). The rainfall index values
will be posted on a daily basis on the website during the Monsoon Season
(June to October) of every year.
The Rainfall Indexes displayed on our website is only for informative purpose
and not intended for any other purposes. Neither MCX nor its employees are
liable or responsible for any consequences for acting upon this info. The
Rainfall Indexes are conceptualized and developed jointly by Research Department
of MCX and Weather Risk Management Services Pvt. Ltd. |
