The support price of wheat has been hiked by 6.59 per cent and fixed at ₹2,425 per quintal from ₹2,275 per quintal in the marketing season 2024-25. The hikes might not have a big inflationary impact. According to an analysis done by the Bank of Baroda, the overall inflationary impact of MSP hikes on wheat, chana, mustard, and masur would be lower at around 0.18-0.20 per cent over a year.
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