RBI research says onion farmers get 36% of consumers' spend, pitches for futures trading, pvt mandis

Published 2024년 10월 3일

Tridge summary

A Reserve Bank of India (RBI) research paper recommends reforms in agricultural marketing to improve price discovery and transparency for farmers. It suggests increasing the number of private mandis, leveraging e-National Agricultural Markets (e-NAM), and promoting farmer produce organizations for vegetables like onion, tomato, and potato. The paper also advocates for futures trading in onion and discusses storage, processing, and productivity enhancement strategies. The research highlights the need to improve the value chain efficiency to address the recent headline inflation pressures driven by food inflation, especially the volatile prices of TOP vegetables.

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Original content

A Reserve Bank of India research paper has suggested reforms in agricultural marketing, including increase of private mandis to help farmers realize better value for their produce. The paper on vegetable inflation studying Tomato, Onion and Potato (TOP) prices noted that onion farmers get only 36 pc of consumers' spends, for tomato it stood at 33 per cent and for potato it was 37 per cent. #sr_widget.onDemand p, #stock_pro.onDemand p{font-size: 14px;line-height: 1.28;} .onDemand .live_stock{left:17px;padding:1px 3px 1px 5px;font-size:12px;font-weight:600;line-height:18px;top:9px} #sr_widget.onDemand .sr_desc{margin:0 auto 0;} #sr_widget.onDemand .sr_desc{color: #024d99;margin-top:10px;} #sr_widget.onDemand .crypto .live_stock .lb-icon{8px 6px 5px 3px !important} #sr_widget.crypto.onDemand a.text{border-bottom:1px solid #ccc;padding-bottom:5px;display:block;width:100%} #sr_widget.onDemand .sr_desc .text p, ...

Source: Economic times