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Agriculture is arguably the most important part of the Indian economy and the sector accounts for at least 17% of the country’s economic output while providing employment to approximately half of the country’s population. The famine problem is largely the consequence of the vagaries of the monsoon. The ability of technology to mitigate a bad monsoon remains limited. In India, water is more valuable than gold for the farmers or the one who engaged in agriculture. The monsoon has a direct impact on the country’s agricultural GDP. Moreover, agriculture isn’t the only sector which is affected by the performance of monsoon. In fact, as many as a dozen sectors depend on monsoon, either directly or indirectly. In this paper attempt has been made to study the implications of monsoon on Indian agriculture and other sectors of the economy.