The Hindu·4 min read·hard
Rural demand to come under pressure on deficient rains: experts
T
The Hindu Bureau
✦AI Summary
Economic experts warn that deficient monsoon rains and rising farm input costs are likely to suppress rural demand in India. Financial institutions anticipate higher inflation and potential interest rate hikes by the RBI to manage the economic impact.
Scant monsoons have added to higher farm input prices after the geopolitical events and are expected to trump rural demand and push prices further up, according to expert analyses.
economyenvironmentbusiness
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