Need better understanding of poverty: Subbarao
He said lower segments of the society, which spend a greater proportion of their budgets on food, were more concerned about high food inflation.
“We need to improve our understanding of the poor and poverty,” Subbarao said in his introductory remarks at the first ‘Suresh Tendulkar Memorial Lecture’ here. RBI has kept key interest rates unchanged since April, 2012 .
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