CosmicTaco

Indian Farmers Earn Only One-Third of Crop Prices

CosmicTaco · 2024-10-08T12:37:05.059146+05:30

- **RBI research** reveals Indian farmers get only about **one-third** of the final selling price for fruits and vegetables. - **Wholesalers and retailers** take the bulk of the profits, unlike sectors like dairy where farmers get around **70%**. - **Price spikes** for tomatoes, onions, and potatoes occur twice a year but don't benefit farmers. - **Recommendations** include expanding private mandis, boosting e-NAM, and improving storage and processing. - **Study co-authored** by Ashok Gulati suggests a 'balance sheet approach' to predict and manage price fluctuations. Source: [Times Now News](https://www.timesnownews.com/business-economy/economy/farmers-earn-only-one-third-of-final-price-for-fruits-and-vegetables-rbi-study-shows-article-113997439), [The Times Of India](https://timesofindia.indiatimes.com/business/india-business/farmers-get-third-of-veggies-retail-price-rbi-study/articleshow/113994248.cms)

RBI research reveals Indian farmers get only about one-third of the final selling price for fruits and vegetables.
Wholesalers and retailers take the bulk of the profits, unlike sectors like dairy where farmers get around 70%.
Price spikes for tomatoes, onions, and potatoes occur twice a year but don't benefit farmers.
Recommendations include expanding private mandis, boosting e-NAM, and improving storage and processing.
Study co-authored by Ashok Gulati suggests a 'balance sheet approach' to predict and manage price fluctuations.

Source: Times Now News, The Times Of India