A trend of coining new terms as set by the former Chief Economic Advisor (CEA) Arvind Subramanian. Now, his successor Krishnamurthy Subramanian has carried forward the legacy. Thus, we have Thalinomics, which captures the economics of a plate of food in India.
Despite recent concerns about rising food prices, the Economic Survey has stated that between 2006-07 and 2019-2020, the affordability of the vegetarian thali has improved by 29 percent and that of the non-vegetarian thali by 18 percent.
The analysis is based on data on prices gleaned from the Consumer Price Index for Industrial Workers for around 80 centers in 25 States/UTs from April 2006 to October 2019.
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