Indian economy which is still considered as anagricultural economy  is dependent on the amount of monsoon rains as a large part of the agricultural produce comes from the monsoon fed crops. Good monsoon always means a good harvest and brings in cheers all around India. A weak or bad monsoon is always considered as a big set back to India’s economy and always results in a big loss in the country GDP levels.

The Asian drought of 1987 was, in terms of temperature and precipitation anomalies, one of the worst of this century from Afghanistan to the Philippines. 

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Monsoon plays a very significant role on the crop.
A good monsoon can result in good harvest and cultivation where as a poor monsoon can result in the destruction of crop. A low monsoon leads to the poor harvest and a heavy monsoon can result in the destruction of standing crop.