Weak Rupee Threatens Edible Oil, Pulse Prices by 2026: Rassense CEO

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CNBC TV18•05-01-2026, 16:02
Weak Rupee Threatens Edible Oil, Pulse Prices by 2026: Rassense CEO
- •Rassense CEO Sanjay Kumar warns weak rupee, low FDI, and policy complexity pose risks to food inflation by 2026.
- •Depreciating rupee directly impacts imported edible oils and pulses, with India being a major global pulse importer.
- •Low net FDI compared to Asian peers contributes to the rupee's slide, exacerbating pressure on commodity prices.
- •Kumar highlights policy complexities like multiple licenses for food businesses and calls for reintroducing ITC.
- •Structural issues in agriculture (fragmented land, limited mechanization) also hinder productivity and require reforms.
Why It Matters: Weak rupee, low FDI, and policy issues could significantly raise India's edible oil and pulse prices by 2026.
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