Farmers are also customers, therefore lower inflation benefits them: Das
MUMBAI: In the midst of a debate regarding apparent discontent among agriculturists as a result of the policy focus on containing price increases, RBI Governor Shaktikanta Das stated on Tuesday that reduced inflation benefits farmers as well.
Policymakers are often faced with the challenge of balancing numerous aims, and one such conundrum is keeping agricultural produce prices low to satisfy consumers while hurting farmers’ incomes, Das said at a Bombay Chamber of Commerce and Industry event today.
“Remember, the farmer is also a consumer. Apart from wheat, he buys a variety of other items for his daily needs. Farmers are also interested in having