India is an agrarian country where agriculture sector employs more than 50 per cent of the total workforce in Indiaand contributes around 17-18 per cent to the country’s GDP. According to a survey conducted by NSSO in 2013, the averageannual income of the farmers was about ` 77,112, which was only ` 25,380 in 2003. For all the categories of farmers, nominalincome grew at a compound annual growth rate of 12.61 per cent, which took 6.24 years to double the farmers’ income but inreal term the income growth was 5.4 per cent and at this rate income doubled in 14 years. Large farmers had higher growth andtook less number of years to double their income in both nominal and real terms when compared to marginal farmers. Easternstates had lower growth when compared to other states. The study was to find out the income growth of different categoriesof farmer in India and to find out their different sources of income. It was assumed that the income doubles for every six years.Major source of income was cultivation followed by wages/ salaries, non-farm wages and livestock. It should be noted that,among the total operational holding, nearly 90 per cent is under the small and marginal farmers who have less than 2 hectaresof land. Farmers should concentrate on, reducing their input cost, diversifying their sources of income by doing alliedagricultural activities and non-farm business activities (Satysai, 2016).