India drought: '330 million people affected' - BBC News
Some more detail on the fairly dire sounding conditions in India at the moment to be found at this report in the Times of India.
The long term issue, is, of course, what effect climate change will have on the variability of monsoon seasons. What's pretty certain is that India would have to be one of the most sensitive countries to climate change, and building coal powered electricity plants is not going to much help them deal with drought or floods.
Update: here's a story about the continuing drought in parts of Africa, too.