What is monsoon wind? Why are monsoon wind very important in our country
An interchange of air between the land and oceans due to unequal heating and cooling of continents and oceans is known as monsoon winds.
Our Indian economy is highly dependent on agriculture and our agriculture is dependent on the monsoon rains every year. In case the monsoon is favorable then we have a positive impact in our economy. The crops grown in different part of the country are largely dependent on the amount of rainfall in these respective areas. Indian economy is largely dependent on the wills of the nature and every year there is an uncertainty. If the monsoon fails over a wider part of the country then the result will be famine. The famine problem is largely governed by the vagaries of the monsoon. If the monsoon fails then the prices of the goods increases and the services of other class of people is diminished. Products of industry do not find a ready market and the supply of raw materials to industries also suffers. The balance of trade is also dependent on the vagaries of monsoon as if the monsoon is favourable we have a favourable balance of trade and if the monsoon is not favourable we have a negative balance of trade. The failure of the monsoon affects unfavorably the volumes and the balance of India’s foreign trade. The revenue of the government sharply decline due to the fall in the national income and the government is burdened with extra ordinary expenditures. Hence so great is the dependence of the country’s revenue and income on the monsoon every year.