RBI Keeps Repo Rate Unchanged at 6.5%; Here's How Food Prices Could Fluctuate | NDTV Profit

[@Spc_1996]

How is food inflation going to increase by cutting down interest rate ? RBI is just going by the old theory rather than using their brain. Food inflation can actually DECREASE by cutting down interest rate because farmers can get access to cheaper loans for setting up solar pumps for irrigation, drip irrigation systems or even cold storage system for storing surplus output ensuring food damage is minimised