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Govt hikes support price of wheat by Rs 50 to Rs 1,450 a quintal

New Delhi, Oct 29 (IBNS): The Cabinet Committee on Economic Affairs, chaired by Prime Minister Narendra Modi on Wednesday raised the minimum support price (MSP) for wheat by a nominal Rs 50 to 1,450 a quintal for Rabi Crops of 2014-15 season to be marketed in 2015-16.