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India raised MSPs for six rabi crops Oct. 1, 2025, with wheat up 6.6%, but inflation impact is expected to be limited.
The Indian government raised Minimum Support Prices (MSP) for six rabi crops on October 1, 2025, with increases ranging from 4.0% to 10.1%, including a 6.6% rise for wheat to Rs 2,585 per quintal.
Despite higher support prices, an ICICI Bank report projects only a limited impact on retail inflation, citing strong buffer stocks, favorable reservoir levels, and stable supply chains.
The CPI-weighted average MSP increase is expected at 5.6%, slightly lower than recent years, suggesting food prices will remain stable through the rest of 2025.
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India elevó el MSP para seis cultivos de rabi el 1 de octubre de 2025, con un aumento del trigo del 6,6%, pero se espera que el impacto de la inflación sea limitado.