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Chart of the Day | Raining on the GDP parade

Chart of the Day | Raining on the GDP parade
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First Published: Mon, Jul 11 2011. 10 31 PM IST
Updated: Mon, Jul 11 2011. 10 31 PM IST
Rain watching is passé. The monsoon no longer affects economic growth in a big way as the share of agriculture in economic output has declined over the years. Citigroup says other factors are the on-going employment scheme, the growing use of gold as a productive asset, and short-term reasons as decent water levels and food stocks.
Also See | Chart of the day (PDF)
Graphic by Naveen Kumar Saini/Mint
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First Published: Mon, Jul 11 2011. 10 31 PM IST