New Delhi, June 25 -- As of June 24, India's cumulative monsoon rainfall stands at 4.0 per cent above the Long Period Average (LPA), indicating a positive start to the season.

According to ICICI Bank research, this marginal surplus in rainfall is expected to benefit Kharif crop production in states that have received sufficient rainfall.

The report attributed the data to CEIC and IMD and mentioned that Rajasthan (135 per cent above LPA) and Gujarat (134 per cent above LPA) have received the highest excess rainfall among the major Kharif states.

Other key Kharif crop producing states such as Madhya Pradesh (28 per cent above LPA), Uttar Pradesh (19 per cent), Tamil Nadu (15 per cent), Karnataka (10 per cent), Haryana (11 per cent), and ...