MSP Hikes' Impact on Inflation to Be Muted, Report Says

The government increased the minimum support prices (MSP) for several crops, like wheat and barley.

However, a new report suggests this won't make things much more expensive for shoppers.

The government is aiming to ensure farmers get good prices.

The price increases range from 4% to 10%.

The increase for wheat is 6.6%.

Good grain storage and water reserves are helping keep food prices steady, even with higher farmer prices.