Pulses, oil seeds, fruit output to lag demand till at least 2030-31: report
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Price spikes in pulses this year may have been spurred by dented production prospects amid an uneven monsoon, but India’s output shortfalls vis-a-vis demand for the key protein source as well as edible oils and fruits are expected to persist or even widen over the next seven years, as per a new research report by agricultural economists.
Food deficits compel reliance on imports and raise the food import bill in the long run, cautioned the research report on ‘Prospects of India’s Demand and Supply for Agricultural Commodities towards 2030’, published by the National Bank for Agriculture and Rural Development (NABARD) and the Indian Council for Research on International Economic Relations (ICRIER)….
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