Rural demand seen ebbing in 2021-22, but urban consumption to rise: Report

The report said the boost to rural demand by a bumper autumn kharif harvest is largely offset by weakening pricing power. Accordingly the report, estimates farm income growth will slow to 7.4 per cent during the kharif harvest from 10.6 per cent last year, while summer rabi income will grow by 10.4 per cent in 2021, from 8.7 per cent last year.

from Economy-News-Economic Times https://ift.tt/3tcgE2h