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A positive influence of good monsoon is also evident in Trade, Transport, Storage and Communication, Banking and Insurance and Manufacturing sector. Growth in agricultural output produces strong demand incentives in the form of increased rural demand, which fosters expansion in various sectors of the economy.A strong monsoon results in: Increased output within agriculture, increasing economic growth. Reduced commodity and bi-product prices, calming national inflationary levels. Increased ground water and restored reservoirs, helping the irrigation systems.Monsoons have a close linkage with India’s agricultural production. With around 50% of our total food output being summer crops, a delayed monsoon can hit the supply of foodgrains and other farm products such as vegetables and fruits and even impact food inflation.
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What are the economic benefits of the monsoons?
A strong monsoon results in: Increased output within agriculture, increasing economic growth. Reduced commodity and bi-product prices, calming national inflationary levels. Increased ground water and restored reservoirs, helping the irrigation systems.
What are the effects of monsoon on the economy?
Monsoons have a close linkage with India’s agricultural production. With around 50% of our total food output being summer crops, a delayed monsoon can hit the supply of foodgrains and other farm products such as vegetables and fruits and even impact food inflation.
What is a monsoon?
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What are 2 positive benefits that come from the monsoons?
However, seasonal monsoon rains can also provide freshwater for drinking and crop irrigation. In India and Southeast Asia, people rely on rain from monsoons to fertilize crops, fill aquifers and wells, and power hydroelectric facilities. Droughts on their own are not healthy for humans and animals.
What is the main economic activity of the people of monsoon region?
Agriculture is the most important occupation of the people in the Monsoon lands.
What is the economic importance of winter monsoon?
Answer: Rice is their major crop which provides food for millions of people. ADVERTISEMENTS: Since rice is an irrigated crop, the monsoon rains are so essential for its growth. If themonsoon rains fail or if their arrival is delayed by a few weeks, widespread starvation and economic disaster are the natural result.
Why are monsoons important to farmers?
Monsoon is one of the most important seasons for farmers for a country so dependent on its agro-industry. Most of the Indian agricultural land is irrigated by the southwest monsoon. Crops such as wheat, rice, pulses, which are a staple in Indian diets, need heavy rainfalls to grow.
What is monsoon economy?
In Monsoon Economies, Tirthankar Roy explores the interaction between the environment and the economy in the emergence of modern India. Roy argues that the tropical monsoon climate makes economic and population growth contingent on water security.
See some more details on the topic How can monsoons benefit economic activities? here:
How does the monsoon affect the economy? – The Hindu
The monsoon has a direct impact on the country’s agricultural GDP. The planting of key kharif, or summer, crops like rice, sugar cane, pulses …
What Is Good About Monsoons? – Sciencing
These plants rely directly on monsoon rains to produce power for homes, businesses, hospitals, schools and other facilities. Without the monsoon …
How can monsoons benefit economic activities? | Study.com
Monsoons can have a variety of economic effects, most notably on the amount of water they provide. In India, about half of the population (some 500.
Monsoons – UCAR Center for Science Education
Monsoon rains can be harnessed as hydropower, a valuable energy resource. Hydropower currently provides 25% of India’s electricity. Reservoirs are filled during …
How monsoon are related to the economic life in India?
Monsoon is that axis around which revolves the entire agricultural cycle of India. It is because about 50 per cent people of India depend directly on agriculture for their livelihood and agriculture itself is based on southwest monsoon.
How does monsoon effect the economy of India?
Easy interest rates prevail in the economy and bank stocks rise in value. A good monsoon will mean more farm related employment leading to a higher cash flow into the economy, all with a positive impact on the overall GDP. India. A delayed monsoon can lead to supply issues and even accelerate food inflation.
Economic Activities
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What are some benefits and drawbacks of monsoons?
The monsoons bring much-needed moisture into the desert region of the Southwest. During May and June, the area typically suffers from drought conditions. The seasonal rains make it possible for agriculture, forests and inhabitants of the region to store water for the next dry cycle of the climate.
Which of the following is one of positive effect of monsoon?
During summer monsoons, they will help absorb heavy rains while also stabilizing the ground in which they live. During winter monsoons these same features will help retain moisture in the soil, reducing the possibility of long-term drought or crop failures.
How can monsoons benefit economic activities Brainly?
Expert-verified answer
Monsoon rains give a good beneficiary for the farmers and agriculture. The rainfall helps in storing water for irrigation, electric power and drinking. A proper usage of monsoon leads to the prosperity for agriculture and everyone. Specific crops-rice and tea-depend only on monsoon rainfall.
Why is tropical monsoon climate Favourable for agriculture?
Most of the cash and food crops are grown in summer, especially paddy, sugarcane, jute, maize, etc. In monsoon climate, the temperature remains high in summer. It rains a lot during summer. Such climate conditions are favorable for agriculture.
What are the main economic activities in the hot and humid climate of equatorial region?
Answer: Agriculture and forest products existing in equatorial region have made industrial growth possible. Growing of perennial crops like coffee, palm oil, cocoa and tea due to heavy rainfall received throughout the year.
What is the economic importance of summer monsoon?
The summer monsoon fills wells and aquifers for the rest of the year. Rice and tea are some crops that rely on the summer monsoon. Dairy farms, which help make India the largest milk producer in the world, also depend on the monsoon rains to keep cows healthy and well-fed.
What is the economic importance of summer and winter monsoon?
Industry in India and Southeast Asia also relies on the summer monsoon. A great deal of electricity in the region is produced by hydroelectric power plants, which are driven by water collected during the monsoons. Electricity powers hospitals, schools, and businesses that help the economies of these areas develop.
How monsoon winds are useful for farmers and economy of Pakistan?
Moisture-laden winds from the Indian Ocean bring this rainfall, which forms the backbone of the agriculture sector of the country, accounting for 24 percent of GDP. Also, cultivation of various crops majorly depends on the onset of the monsoon and the amount of rainfall during the season.
What is Economic Activity?
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What are the effects of the monsoon to the livelihood of the farmers?
While too little rainfall during the summer monsoon can cause dire conditions for farmers on land, too much rainfall and overly strong winds can make coastal waters unsafe, preventing fishermen throughout South Asia from heading to sea to catch the fish they depend on for income.
How monsoon affect our lives?
Monsoons can have both negative and positive effects. Flooding caused by monsoon rains can destroy property and crops (SF Fig. 3.2 C). However, seasonal monsoon rains can also provide freshwater for drinking and crop irrigation.
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