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The monsoon rains, vital for Asia’s third largest economy, hit the southern state of Kerala at the end of May. This is set to brighten the outlook for agricultural and economic output in the state. Indian monsoons, in general, got off to a pretty good start across much of southern India. However, we see a change in the situation because of climate change. Monsoon delivers about 70 percent of India’s annual rainfall and is the lifeblood of its $2.5 trillion economy, spurring farm output and boosting spending on items ranging from gold to tractors and refrigerators.

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