India's crucial monsoon rains are 31% below average up to July 2 but not a cause for worry, Farm Minister Sharad Pawar said on Tuesday, adding states have contingency plans ready to hand out more seeds if rains are further delayed.

"By and large the situation may not be fully satisfactory but it is not bad either ... There is ample opportunity to cover the delay," Pawar said in a meeting with journalists to address concerns over the low rainfall.

Pawar does not see a major impact from a delayed monsoon and said the government could offer supplies from its stocks if the situation demands.