Relatively cheaper food improved common man's welfare, says Economic Survey

The affordability index has been constructed using the annual earnings of an average industrial worker

Did the falling prices of food items that caused widespread resentment among millions of growers in the countryside since 2016-17 benefit anyone?

Well, it added on an average around Rs 10,887 per year to your family if it eats vegetarian food and approximately Rs 11,787 per year if it consumes non-vegetarian food.

The 2019-20 Economic Survey added a chapter called ‘Thalinomics’ to understand how factors such as low inflation impact the daily plate of a common man and whether the citizen is well-off or worse over a period of time because of it. The Survey found that between 2006-07 and 2019-20, the