BUSINESS

Why are pulses getting so expensive?

By BS Bureau
January 22, 2016 13:53 IST

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?

Click on this link for some some answers.

The image is used for representational purpose only. Photograph: Reuters

 

BS Bureau in New Delhi
Source:

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