 "Unprecedented bull run in prices of pulses")
The problem has persisted for three decades. Since 1983-84, the average price of pulses has grown much faster than that of other items. The gap has only increased in the past decade.
High inflation of pulses hurts, as they account for nearly five per cent of the total food expenditure of an average Indian, according to a recent Crisil report. Data of the past decade show the key agri commodity is prone to price spikes every three years. Why have the prices of pulses remained elevated for such a long time, in a country that is one of the largest consumers and producers of the protein-rich item?
The following data offer some answers:
High inflation of pulses hurts, as they account for nearly five per cent of the total food expenditure of an average Indian, according to a recent Crisil report. Data of the past decade show the key agri commodity is prone to price spikes every three years. Why have the prices of pulses remained elevated for such a long time, in a country that is one of the largest consumers and producers of the protein-rich item?
The following data offer some answers:
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