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. |
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