RBI report: Farmers get only 33% money from selling vegetables

The price of vegetables like tomato, potato and onion almost triples from the farmer to you. Farmers get only one-third of the price at which consumers buy vegetables. The remaining 66% is going into the pockets of traders, wholesalers and retailers. None other than the Reserve Bank of India (RBI) has said this.

The central bank believes that every year the whole calculation of consumer price index (CPI) based retail inflation is tomato, onion and potato i.e. TOP. Although its weightage in the index is very limited, it spoils the entire math of the food segment, which carries a weightage of 43% in the CPI.

In a report published by RBI on top, it has also mentioned the measures to control its prices. The central bank said – this crop spoils quickly. So it cannot be stored for a long time. There is a need to make the pricing mechanism in the market more transparent. In 2023, tomato will be sold to consumers at Rs. 36.71 per kg. Farmers got only Rs.12.29 out of it. The remaining Rs.24.42 went into the middlemen's pockets.

Farmers get more than 70% price in selling pulses in the market Another paper released by the RBI said that the situation in pulses is very good compared to tap. Here farmers are getting up to 70% of the value. Market charges, transportation and wholesalers are pocketing only 30% of the price charged to consumers. According to the report, gram price in 2023 was Rs 71 per kg. 53 rupees were received by the farmers. Tuvar was sold at Rs.111 per kg. 65 rupees of it went into the farmers' pockets. Customers were also getting mung bean for 110 rupees. According to the report, the market charge and Hamali's share went up to Rs 6 of the price of all pulses.

Food cannot be excluded from inflation calculation: Rajan Amid ever-increasing food inflation, former RBI Governor Raghuram Rajan warned against excluding the cost of food from the inflation calculation. While inflation remains a concern for the RBI, Rajan said removing food inflation from the headline inflation target would erode public faith in the RBI's capability. So if you leave out inflation to some extent and tell them that food prices are high but inflation is under control, their faith in the Reserve Bank will be shaken.