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Kharif crops halve farmer income growth
Sep 5, 2012

While Indian companies aim for a bigger share of revenue from the hinterlands, it seems that the rural story is losing its promise. As today's chart shows, the lower revenue from kharif crops like cotton is expected to substantially impact farmer income growth in 2012. In fact at 5.5% in 2012, the income growth will be less than half of the 12.4% growth seen in 2011. Given the steep inflation levels even in rural areas, consumer affordability is bound to be affected.

Data source: Mint

This Chart Of The Day was published in The 5 Minute WrapUp - Can investors know more than what companies tell?

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