, ||Pulses prices rising, take measures||
In April 2020, the retail prices of Moong and Urad increased by 25% and 11% compared to their five-year monthly average prices.
Also, the retail prices of Moong in 2020 have consistently remained 25% more than the monthly five-year average prices for the period of March to July.
An increase in prices of pulses affects consumption and has ramifications for food and nutritional security. Indeed, pulses are crucial for ensuring nutritional security in India considering that India is the home for the largest malnourished population and also a higher proportion of the vegetarian population for whom pulse is the major source of protein.
Furthermore, the different pulses (like pigeon pea, Urad, and Moong) have low substitutability between them, are used in different preparations, and there is a significantly different demand pattern across states.
The increases in prices of Moong and Urad particularly when the broader economy is reeling under the effect of COVID-19 pandemic deserves a closer look.
About SocialNewsXYZ
An Indo-American News website. It covers Gossips, Politics, Movies, Technolgy, and Sports News and Photo Galleries and Live Coverage of Events via Youtube. The website is established in 2015 and is owned by AGK FIRE INC.
, ||Pulses prices rising, take measures|| In April 2020, the retail prices of Moong and Urad increased by 25% and 11% compared to their five-year monthly average prices. Also, the retail prices of Moong in 2020 have consistently remained 25% more than the monthly five-year average prices for the period of March to July. An increase in prices of pulses affects consumption and has ramifications for food and nutritional security. Indeed, pulses are crucial for ensuring nutritional security in India considering that India is the home for the largest malnourished population and also a higher proportion of the vegetarian population for whom pulse is the major source of protein. Furthermore, the different pulses (like pigeon pea, Urad, and Moong) have low substitutability between them, are used in different preparations, and there is a significantly different demand pattern across states. The increases in prices of Moong and Urad particularly when the broader economy is reeling under the effect of COVID-19 pandemic deserves a closer look.