Pulses

Chickpeas: suppliers on edge over inflation

May 23, 2022 at 9:25 AM, Der AUDITOR
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NEW DELHI. India’s chickpea market is on edge at the moment. Traders are concerned over a liquidity crisis and the public is voicing fears of a recession. Analysts are, however, urging suppliers to keep it cool.

Unusual methods

Suppliers may have adopted a rather unusual move to turn the market in their favour but there is little need for panic. Fears are, in addition, circulating in India that the country may be hit by a recession as the global economic downturn is set to spill over to the country. While economists state that the USA, Europa and China may well be hit by recessions, chances are rather slim for this in India. In an interview with ET Online Sonal Varma, Chief Economist at the global research firm Nomura, for instance states that India will witness an

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