Primary Country (Mandatory)

Other Country (Optional)

Set News Language for United States

Primary Language (Mandatory)
Other Language[s] (Optional)
No other language available

Set News Language for World

Primary Language (Mandatory)
Other Language(s) (Optional)

Set News Source for United States

Primary Source (Mandatory)
Other Source[s] (Optional)

Set News Source for World

Primary Source (Mandatory)
Other Source(s) (Optional)
  • Countries
    • India
    • United States
    • Qatar
    • Germany
    • China
    • Canada
    • World
  • Categories
    • National
    • International
    • Business
    • Entertainment
    • Sports
    • Special
    • All Categories
  • Available Languages for United States
    • English
  • All Languages
    • English
    • Hindi
    • Arabic
    • German
    • Chinese
    • French
  • Sources
    • India
      • AajTak
      • NDTV India
      • The Hindu
      • India Today
      • Zee News
      • NDTV
      • BBC
      • The Wire
      • News18
      • News 24
      • The Quint
      • ABP News
      • Zee News
      • News 24
    • United States
      • CNN
      • Fox News
      • Al Jazeera
      • CBSN
      • NY Post
      • Voice of America
      • The New York Times
      • HuffPost
      • ABC News
      • Newsy
    • Qatar
      • Al Jazeera
      • Al Arab
      • The Peninsula
      • Gulf Times
      • Al Sharq
      • Qatar Tribune
      • Al Raya
      • Lusail
    • Germany
      • DW
      • ZDF
      • ProSieben
      • RTL
      • n-tv
      • Die Welt
      • Süddeutsche Zeitung
      • Frankfurter Rundschau
    • China
      • China Daily
      • BBC
      • The New York Times
      • Voice of America
      • Beijing Daily
      • The Epoch Times
      • Ta Kung Pao
      • Xinmin Evening News
    • Canada
      • CBC
      • Radio-Canada
      • CTV
      • TVA Nouvelles
      • Le Journal de Montréal
      • Global News
      • BNN Bloomberg
      • Métro
Cost of meals rose by 71% in five years, salaries by just 37%: Data

Cost of meals rose by 71% in five years, salaries by just 37%: Data

The Hindu
Monday, May 06, 2024 03:03:34 AM UTC

This disparity means that households with regular salaried people might be cutting back on spending on non-essential items or luxury products

The average cost of a home-cooked vegetarian thali in Maharashtra increased by 71% in the last five years. At the same time, the average monthly salary earned by a person through regular employment in the State increased by only 37%. While the wages of casual labourers kept pace with the rise in prices, increasing by 67% in the period, it is crucial to note that labourers were already spending a high share of their monthly wages on food.

For this analysis, it has been assumed that an average Indian family will be able to meet their daily dietary needs if they consume food equivalent to two thalis per day, spread across breakfast, lunch, and dinner. Non-vegetarian meals were not considered due to lack of past data. To get commodity prices, Maharashtra was chosen as an exemplar due to the availability of consistent data. The average wages and salaries of workers in Maharashtra were considered for comparison.

To decode how much two thalis cost, on average, in Maharashtra, the ingredients used were identified — white rice, toor dal, onion, garlic, green chilli, ginger, tomato, potato, peas, atta, cabbage, sunflower oil, and salt— and the grams required for two servings were measured. The average retail cost for buying those ingredients in Maharashtra — as of March this year, a year ago (2023), and five years ago (2019) — were collated from the Consumer Affairs Ministry and the National Horticulture Board. For some vegetables, for which data were not available, prices in Mumbai were considered as a proxy.

Table 1 | The table lists the weight of commodities required to prepare two thalis and its retail prices in ₹.

Table appears incomplete? Click to remove AMP mode

For instance, the cost of buying 125 grams of toor dal, which is required to make two thalis, increased from ₹9.3 to ₹20.1 in the past five years (Table 1). Similarly, the cost of buying 300 grams of potato increased from ₹6.8 to ₹8.6.

Table 2 | The table shows the costs of a thali in ₹ in March 2024, a year ago, and five years ago.

Read full story on The Hindu
Share this story on:-
More Related News
Why manufacturing has lagged in India

India’s manufacturing sector underperforms compared to China and South Korea, partly due to public sector wages that raise costs and reduce competitiveness.

GCC NRIs’ investment pace tempered due to currency fluctuation concerns: Geojit ED

Non-Resident Indians (NRIs) from the Gulf Cooperation Council (GCC) region, once prominent investors in the Indian equity market are seen shying away due to rupee depreciation and have moved to global funds, said a top financial services executive.

Mobile phones are migrating to smaller chips to accelerate AI workloads: MediaTek

Mobile phones are increasingly migrating to smaller chips that are more energy efficient and powerful supported by specialised Neural Processing Units (NPUs) to accelerate AI workloads directly on devices, said Anku Jain, India Managing Director for MediaTek, a Taiwanese fabless semiconductor firm that claims a 47% market share India’s smartphone chipset market.

Bharti Enterprises, Warburg Pincus to pick up 49% stake in Haier India 

In one more instance of a wholly owned subsidiary of a Chinese multinational company in India getting ‘Indianised’,  Bharti Enterprises, a diversified business conglomerate with interests in telecom, real estate, financial services and food processing among others, and the local arm of private equity major Warburg Pincus have announced to collectively own a 49% stake in Haier India, a subsidiary of the Haier Group which is headquartered in Qingdao, Shandong, China.

Stock markets end lower in volatile trade

Indian stock markets closed lower amid volatility, with key firms lagging as global trends influenced trading activity.

Bharti, Warburg Pincus pick up 49% stake in Haier India

Bharti and Warburg Pincus invest in Haier India, acquiring a 49% stake to enhance growth and innovation in consumer durables.

Net FDI negative for third straight month in October 2025, as inflows fell & outflows grew

India's net FDI remains negative for October 2025, with outflows surpassing inflows amid trade deal uncertainties.

Bombay High Court stays fraud notices to Anil Ambani; questions banks’ compliance 

Bombay High Court halts fraud notices to Anil Ambani, questioning banks' compliance and the audit's validity.

Business events that shaped India in 2025

Explore the key business events that defined India in 2025, from trade wars to regulatory reforms and corporate expansions.

AI data centres are forcing dirty ‘peaker’ power plants back into service

The rarely-used eight-unit Fisk power plant owned by Houston-based NRG Energy was scheduled to retire next year. ‍But then came from artificial intelligence.

Rupee rises 12 paise to 89.51 against U.S. dollar in early trade

The rupee gains 12 paise to 89.51 against the U.S. dollar, buoyed by RBI's liquidity support.

Enterprise AI is maturing — will 2026 be the year it breaks free?

In a recent conversation with Dwarak Rajagopal, Head of AI Research at Snowflake, what stood out was not optimism or scepticism, but maturity.

How exports are concentrated in few States

Explore how India's export landscape is increasingly dominated by a few states, revealing regional disparities and structural challenges.

IndiGo faces ₹13 lakh penalty related to GST

IndiGo contests a ₹13 lakh GST penalty imposed by Punjab's tax department, claiming the ruling is erroneous.

Will Indians still ride the gold wave in 2026?

Indian investors had a tumultuous year as the benchmark Nifty returns dipped to negative with overall market turnover hitting a low in December 2025. Howeve, investor interest in gold exchange traded funds (ETFs) increased this year.

Silver soars ₹9,350 to record ₹2.36 lakh/kg in Delhi; crosses $75/ounce mark in international markets

Silver prices surge to a record ₹2.36 lakh/kg in Delhi, fueled by strong global demand and market trends.

Coal Ministry notifies rules doing away with CCO nod for opening, restarting coal mines

Coal Ministry's new rules eliminate CCO approval for opening mines, expediting operations and enhancing efficiency in coal production.

India imposes anti-dumping duty on two Chinese products

India imposes anti-dumping duties on Chinese steel and refrigerant gas to protect domestic industries from unfair pricing.

Sensex declines for third day, sheds 367 points on foreign fund outflows

Sensex declines for the third day, losing 367 points due to foreign fund outflows and thin trading conditions.

Bitcoin volatility, stablecoin regulations, and North Korean hacks: Crypto events that marked 2025

Let’s take a look at some of the biggest crypto events of the year.

Silver futures hit new peak of ₹2.32 lakh/kg as global prices cross $75-mark

Silver futures soar to ₹2.32 lakh/kg as global prices exceed $75, marking a record high in commodities trading.

Stock markets trade lower in early deals

Stock markets decline as Sensex and Nifty fall amid foreign fund outflows and low trading volumes on December 26, 2025.

Rupee falls 23 paise to 89.94 against U.S. dollar in early trade

Rupee drops 23 paise to 89.94 against the dollar amid negative equity trends and rising crude prices.

Navi Mumbai region heads for rapid infra, realty growth 

The commencement of commercial flight from the Navi Mumbai International Airport (NMIA) is expected to speed up infrastructure and real estate development across Navi Mumbai and surrounding regions, analysts & industry executives said.

GCCs keep India’s tech job market alive, even as IT services industry embarks on a hiring moratorium

Global Capability Centres, offshore subsidiaries set up by multinational corporations, mostly known by an acronym GCCs, are now the primary engine sustaining India’s tech job market, contrasting sharply with the hiring slowdown witnessed by large firms in the country.

© 2008 - 2025 Webjosh  |  News Archive  |  Privacy Policy  |  Contact Us