Thalinomics of Economic Survey: Daily bread is more affordable now

Average veg household has gained Rs 10,887 on average per year, non-veg household gained Rs 11,787

GN Bureau | January 31, 2020


#growth   #parliament   #Nirmala Sitharaman   #finance ministry   #Economic Survey   #food   #nutrition   #inflation  
(File photo: Arun Kumar)
(File photo: Arun Kumar)

The Economic Survey, tabled in parliament Friday by minister for finance and corporate affairs Nirmala Sitharaman, devotes a section on what it calls Thalinomics – an attempt to quantify what a common person pays for a Thali across India.

Thalis have become more affordable vis-à-vis a day’s pay of a worker over time, indicating improved welfare of the common person, says the Survey 2019-20. It estimates that vegetarian thalis has become more affordable by 29 percent from 2006-07 to 2019-20, while the figure for non-vegetarian thalis is 18 percent.

The survey has used the dietary guidelines for Indians to calculate the prices of thalis. Price data from the Consumer Price Index for industrial workers for around 80 centres in 25 states and UTs from April 2006 to October 2019 have been used for the study.

The Survey states that across India and also the four regions of North, South, East and West, it is found that the absolute prices of a veg Thali have decreased significantly since 2015-16 though it has increased in 2019. This is due to the sharp downward trend in the prices of vegetables and dal in contrast to the previous trend of increasing prices. As a result, an average household of five individuals that eats two vegetarian thalis a day has gained around Rs 10,887, on average per year, while a non-veg household gained Rs 11,787, on average per year.

The Survey states that 2015-16 can be considered as a year when there was a shift in the dynamics of thali prices. 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 Economic Survey says that food is not just an end in itself but also an essential ingredient in the growth human capital and therefore important for national wealth creation. “Zero hunger” has been agreed upon by nations of the world as a Sustainable Development Goal (SDG) of the UN.

Comments

 

Other News

The transformation trap: Why efficiency is not innovation

Every company is transforming, or so it claims.   There was a time when the word ‘transformation’ carried weight. It signified bold strategic shifts, reinvention of business models, and breakthrough technologies that fundamentally changed how organizations created

The Sardar biography that throws light on our times

Patel: A Life By Rajmohan Gandhi Aleph Books, 568 pages, Rs 1,199   There are many biographi

Climate change, El Niño rewrite Indian monsoon

The month of July exceeded its rainfall target despite forecasts of a below-normal month under a strengthening El Niño. The reason could be that climate change is amplifying monsoon complexity: West Pacific warming, Western Disturbances and evolving ocean conditions increasingly interact with El Ni&

Mumbai has just 1.28 sq.m. of open space per person: Study

Mumbai`s public space crisis is as much about mismanagement as it is about scarcity, and offers a governance roadmap that can be implemented without new legislation, according to a new report by the Urban Design Research Institute (UDRI) and the NGO Alliance for Governance and Renewal (NAGAR).  

Lok Sabha passes amendment bill to improve public examination system

The Lok Sabha on Wednesday passed the Public Examinations (Prevention of Unfair Means) Amendment Bill, 2026 by a voice vote after an extensive discussion. Replying to the debate, minister of state (independent charge) for science & technology; earth sciences and MoS in the PMO, Dr. Jite

Shri Abhijit Phukon (IES, 2004) appointed as Joint Secretary, Department of Agriculture & Farmers Welfare.

 Shri Abhijit Phukon (IES: 2004) has been appointed as Joint Secretary, Department of Agriculture & Farmers Welfare, Government of India. His appointment, approved by the

Upcoming Conferences



-->

Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter