Economic Survey 2020: ‘Thalinomics’ tells how veg, non-veg thalis became more affordable with time

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Updated: January 31, 2020 2:01 PM

Economic Survey 2020: The affordability of both vegetarian and non-vegetarian thalis have improved over the years, implying improved welfare of the common person, Economic Survey 2020 said.

economic survey 2020 in hindi economic survey latest updates in hindi budget 2020 in hindiThe Economic Survey 2019-20 presented in Parliament today by Finance Minister Nirmala Sitharaman states that the affordability of vegetarian thalis has improved over time.

Economic Survey 2020: The affordability of both vegetarian and non-vegetarian thalis have improved over the years, implying improved welfare of the common person, Economic Survey 2020 said. While the affordability of a veg thali increased by 29 percent between FY06 to FY20, the affordability of a non-vegetarian thali increased by 18 percent in the same period, the survey by Chief Economic Advisor (CEA) Krishnamurthy Subramanian also said. The survey drew a conclusion on the basis of  “Thalinomics: the Economics of a plate of food in India” – an attempt to quantify what a common person pays for a thali across India. The Economic Survey 2019-20 presented in Parliament today by Finance Minister Nirmala Sitharaman states that the affordability of vegetarian thalis has improved over time.

The absolute prices of a thali reduced significantly since 2015-16 though the price has increased in 2019.  This is due to a sharp fall in the prices of vegetables and dal in contrast to the previous trend of increasing prices in the time period, the survey added. “An average household of 5 individuals that eat two vegetarian Thalis a day, gained around Rupees 10887, on average per year, while a non-vegetarian household gained Rupees 11787, on average per year,” the survey said. The Economic Survey on Friday projected India’s economic growth at 6 per cent to 6.5 per cent in the next financial year starting April 1, saying growth has bottomed out. The growth in 2020-21 compares to a projected 5 per cent expansion in the fiscal year 2019-20.

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“Many reform measures were introduced since 2014-15 to enhance the productivity of the agricultural sector as well as efficiency and effectiveness of agricultural markets for better and more transparent price discovery,” the survey added.

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