Increasing the minimum support price for rabi crops will have a minimal effect on retail inflation. Economists estimate a slight rise in Wholesale Price Index and Consumer Price Index. Wheat, chana, mustard, and masoor weights influence this, but the overall inflationary impact is expected to be small, between 0.18-0.20% for the year.
Disclaimer : Mymoneytimes implements extreme caution and care in collecting data before publication. Mymoneytimes does not liable for the adequacy, accuracy or completeness of any given information. Hence we are not liable for any kind of direct or indirect loss caused by the use of such information.