Change in Indian consumption patterns affects its economy

CARE, a rating agency, conducted a study on FMCG production decline. Their report reveals that, in spite of low prices, 22 out of 36 products witnessed a declined. As per the report, items like bread, butter, buns, sauces, fruit juices, etc. belong to the low – production and low-inflation category. Jams, butter, pickles, cakes, ghee, pastries are some of the non – durable goods that observed a massive decline in production. Even t....