Source says govt may hike rabi wheat MSP by over 100 rupees/100 kg.

The Commission for Agricultural Costs and Prices has proposed a hike of over 100 rupees per 100 kg in the minimum support price of wheat for 2018-19 (Apr-Mar) marketing year. The support price of wheat for the ongoing season is 1,625 rupees per 100 kg. The farm ministry has largely proposed an increase in the support price of all rabi crops and the average hike is around 6% of the current price