Economic survey: the affordability of Veg thali improves by 29%; 18% non-vegetarian during 2006-07 to 2019-20
NEW DELHI: The 2019-20 has included a chapter ': The economy of a plate of food in India', which is an attempt to quantify what an ordinary person pays for a 'thali' (plate of food) throughout the India.
The 'Thalinomics' has tried to assess whether a 'thali' has become more or less affordable in recent years. Although the economy affects each of us in our daily lives, this fact often goes unnoticed by the common man or woman, the survey said.
The survey presented in Parliament by the finance minister, Nirmala Sitharaman, analyzed data from the Consumer Price Index for industrial workers from around 80 centers in 25 states/Territories of the Union from April 2006 to October 2019 to reach the cost of a 'thali'.
According to the survey, a vegetarian thali comprises a portion of cereals, 'sabzi and dal' and non-vegetarian thali comprises cereals, sabzi and a non-vegetarian component.
In both India and the four regions, north, south, east and west, it was discovered that the absolute prices of a vegetarian thali have declined significantly since 2015-16, although the price increased in 2019, he said.
As a result, the survey said: An average household of five individuals who eat two vegetarian thalis a day earned around Rs 10,887 on average per year, while a non-vegetarian household earned Rs 11,787, on average, per year.
Using the annual earnings of an average industrial worker, it is found that the affordability of vegetarian thalis improved 29 percent from 2006-07 to 2019-20 while that of non-vegetarian thalis improved by 18 percent, he added.
The survey stated that 2015-16 could be considered as a year when there was a change in the dynamics of thali prices.
Many reform measures were introduced from 2014-15 to improve the productivity of the agricultural sector, as well as the efficiency and effectiveness of agricultural markets for a better and more transparent price discovery, the survey said.
(With PTI tickets)