Why is the Indian economy largely dependent on monsoons?

Why are monsoon rains important for India? The monsoon is the lifeblood for India's farm-dependent $2 trillion economy, as at least half the farmlands are rain-fed. read more

Monsoon plays a major role in Indian economy as 50% of the workforce is involved in agriculture and the contribution of agriculture is around 17% in the GDP of India. So now if the monsoon is good there are various positive impact-Agriculture sector will flourish. Exports will increase. read more

The Indian agriculture largely dependent on monsoons due to the following reasons : India leads the world in the production of a large number of agricultural products, most of which require large amounts of water for the crops like cotton, rice etc. read more

The Indian economy is heavily dependent on agriculture and the livelihood of the Indian farmer largely depends on the Monsoon rains. Around 58 per cent of the total employment in the country is through agriculture. Also, the agricultural sector in our country contributes to around 18 per cent of the GDP. read more