9 years, 4 months ago

Grin and bear it: India’s ‘pulse problem' does not have an immediate solution

It is about supply shortfall; neither financed minister Arun Jaitley nor RBI governor Raghuram Rajan will have immediate solution Ram Naresh, who runs a small tea-snacks shop in Navi Mumbai isn’t really keen to discuss politics. Even for the government, Sabnavis said, it isn’t easy to find an immediate solution in the short term to contain pulse prices. Changing rural pattern According to the National Family Health Survey 2005-06, about 89 per cent of the Indian population consumes pulses at least once a week. “Looking at the NSSO study for 2007-08 and 2011-12, pulses’ share in rural consumption declined from 3.2 per cent to 2.9 per cent. The reason why a sharp spike in pulse prices do not fully reflect in the headline inflation number is the relatively low weight of pulses in food inflation.

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