How Did the Disbursal of Rs 233 Crore Under the Bhavantar Scheme Bring Joy to Farmers?
Click to start listening
Synopsis
In a significant move, Madhya Pradesh's Chief Minister Mohan Yadav has directly credited Rs 233 crore into the accounts of 1.33 lakh farmers. This initiative under the Bhavantar scheme promises to stabilize the prices of soybean crops, bringing immense relief and happiness to the farming community. Discover how this scheme is transforming their lives!
Key Takeaways
- Rs 233 crore was directly credited to farmers' accounts.
- Assistance provided to 1.33 lakh farmers.
- Minimized risk of market fluctuations for soybean prices.
- Utilization of technology for precise beneficiary targeting.
- Encouragement for farmers through financial support.
Dewas, Nov 13 (NationPress) The Chief Minister of Madhya Pradesh, Mohan Yadav, on Thursday, transferred a substantial sum of Rs 233 crore directly into the accounts of 1.33 lakh farmers across the state as part of the ‘Bhavantar Bhugtan Yojana’. This initiative guarantees that the minimum support price (MSP) for their soybean production remains unaffected by market price fluctuations.
As the funds were credited to the farmers in Burhanpur district, a surge of joy and bright smiles enveloped the community.
Numerous farmers expressed their heartfelt appreciation to Chief Minister Mohan Yadav for safeguarding their produce from market volatility and ensuring they receive a fair price for their labor and crops.
One farmer, expressing gratitude, stated, "Through the Bhavantar Scheme, I sold 11 quintals and 55 kilograms of produce, and today I am expecting about Rs 15,000 as payment under the Bhavantar scheme."
District Magistrate Kishore Kumar Kanyal informed IANS, "Today, the Chief Minister approved the payments under the Bhavantar scheme. Farmers from various regions received assistance in front of him. Specifically, within our district, 1,621 farmers benefited with approximately Rs 2.52 crore in total payments. The happiness and gratitude among the farmers were palpable."
The scheme addresses the disparity between the MSP of Rs 5,328 per quintal and the current mandi rate, which is around Rs 4,036 per quintal. Farmers selling through registered mandis are compensated for the difference—approximately Rs 1,300 per quintal—through Direct Benefit Transfer (DBT).
The program utilizes satellite imagery and mobile applications for crop mapping, enabling precise identification of beneficiaries throughout the Malwa-Nimar black cotton soil belt.
To date, the state has procured 2.70 lakh tonnes of soybean from over 1.60 lakh farmers, with an impressive 9,36,353 farmers enrolled under the scheme.
Point of View
It is essential to recognize the profound impact of the Madhya Pradesh government's Bhavantar scheme on the agricultural sector. This initiative not only provides financial support to farmers but also reinforces the importance of fair pricing in agriculture, ensuring that farmers are protected from unpredictable market conditions. The commitment to using technology for precise beneficiary targeting demonstrates a forward-thinking approach to governance.
NationPress
13/11/2025
Frequently Asked Questions
What is the Bhavantar scheme?
The Bhavantar scheme is an initiative by the Madhya Pradesh government that provides financial assistance to farmers by compensating the difference between the minimum support price (MSP) and the market price of their crops.
How much money was disbursed under the Bhavantar scheme?
A total of Rs 233 crore was disbursed directly into the bank accounts of 1.33 lakh farmers under the Bhavantar scheme.
How does the Bhavantar scheme help farmers?
The scheme helps farmers by ensuring they receive a fair price for their crops, protecting them from market price fluctuations, and providing financial support through Direct Benefit Transfer (DBT).
How many farmers are enrolled in the Bhavantar scheme?
Currently, there are 9,36,353 farmers enrolled in the Bhavantar scheme across Madhya Pradesh.
What technology is used in the Bhavantar scheme?
The scheme utilizes satellite imagery and mobile applications for crop mapping, allowing precise targeting of beneficiaries in the Malwa-Nimar black cotton soil belt.
