If you are troubled by the inflation of onions, tomatoes and potatoes in the country, then the Reserve bank has made a surprising disclosure on this. You are spending a lot of money on onions, tomatoes and potatoes, but no matter how much the customer spends, the farmers are getting very little benefit from it. This has been revealed in the latest research paper of RBI.
If 100 rupees per kg is given for onions, then farmers get only 33 percent of the money
A research paper of the bank OF INDIA' target='_blank' title='reserve bank of india-Latest Updates, Photos, Videos are a click away, CLICK NOW'>reserve bank of india (RBI) states that onion farmers get only 36 percent of the customers' spending. Whereas for tomatoes it is 33 percent and in the case of potatoes it is 37 percent. The research paper suggests improvements in the agricultural distribution sector to improve the situation. This includes increasing the number of private markets to help farmers get better prices for their produce. The study paper on vegetable inflation has been said regarding the prices of tomatoes, onions and potatoes.
Inequality in distribution of tomatoes, onions and potatoes
Since vegetables are perishable commodities, the number of private mandis can be increased to improve transparency in the distribution of tomatoes, onions and potatoes. Competition can also help in improving the infrastructure of the local level agricultural produce market committee. 'Food inflation has been blamed for the recent pressure on gross inflation. In this, huge fluctuations in the prices of tomatoes, onions and potatoes have been the most challenging.
Research paper also reveals about inflation of pulses
Meanwhile, a similar study on inflation of pulses with focus on chana, tur and moong said that about 75% of consumer expenditure on chana went to farmers. In case of moong and tur it is 70% and 65% respectively. RBI has clarified that the views in the research paper are of the authors and it has nothing to do with it.
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