Will Monsoon 2023 be a Spoilsport?

Even after 77 years of gaining independence, our nation’s economic fortunes remain intricately intertwined with the capriciousness of the monsoon. This connection persists, even though the agricultural sector’s contribution to the overall economy has dwindled from 50 per cent during the early years of independence to its current standing at approximately 20 per cent. The significance of this link can be attributed to two critical factors. Firstly, a substantial portion of India’s population – nearly half – relies on the agricultural sector.