How Did CM Mohan Yadav Transfer Rs 810 Crore to Soybean Farmers?

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How Did CM Mohan Yadav Transfer Rs 810 Crore to Soybean Farmers?

Synopsis

Madhya Pradesh CM Dr Mohan Yadav has made a remarkable contribution to farmers by transferring Rs 810 crore to over 3.77 lakh soybean farmers. This initiative is part of the Bhavantar Yojana, aiming to support agricultural prosperity as the state looks ahead to a dedicated year for farmer welfare in 2026.

Key Takeaways

  • Transfer of Rs 810 crore to 3.77 lakh soybean farmers.
  • Bhavantar Yojana compensates for market price differences.
  • 2026 dedicated to farmer welfare.
  • Increase in Mukhyamantri Ladli Behna Yojana assistance.
  • Inauguration of 12 projects in Ratlam.

Ratlam (MP), Dec 28 (NationPress) In a significant move to uplift farmers as the New Year approaches, Madhya Pradesh's Chief Minister Dr Mohan Yadav transferred Rs 810 crore directly to the bank accounts of over 3.77 lakh soybean farmers under the revitalized Bhavantar Yojana (Price Difference Payment Scheme).

The state-level initiative, conducted in Jaora town of Ratlam district, witnessed Dr Yadav executing a single-click fund transfer, which included Rs 20.74 crore benefiting 12,386 local farmers. To date, the government has disbursed around Rs 1,300 crore to over 6.25 lakh soybean farmers under this scheme, designed to bridge the gap between market prices and the Minimum Support Price (MSP).

CM Yadav referred to the Bhavantar scheme as not merely a program but a testament to the government's profound respect and dedication to the prosperity of farmers. He asserted that this payment is the rightful entitlement of farmers and reiterated the state’s steadfast commitment to their welfare.

Looking ahead, the Chief Minister declared that 2026 will be devoted entirely to farmer welfare — the “annadatas” (providers of food).

A grand agricultural festival is planned for next year to honor farmers’ contributions, alongside initiatives to implement modern farming techniques, agricultural extension services, and innovative technologies in every village. This aims to equip farmers with timely, informed decisions to boost productivity.

Additionally, Dr Yadav highlighted broader welfare measures: the Mukhyamantri Ladli Behna Yojana's monthly aid, currently Rs 1,500, will rise to Rs 3,000; there will be job opportunities for skilled youth; subsidized solar pumps (up to 90 percent) for over 32 lakh farmers; and promotion of animal husbandry and dairy farming.

On the development front, the CM inaugurated 12 projects worth over Rs 18 crore and laid foundation stones for 21 others valued at Rs 127 crore in Ratlam, with a total exceeding Rs 145 crore. These projects include civic amenities aimed at making the district “beautiful, clean, and advanced.”

Responding to local requests, he announced a modern indoor-outdoor stadium in Jaora, a one-stop center for destitute women, Rs 2 crore each for a heritage building and school renovations, along with new girls' hostels in Shujapur and Piploda.

Dr Yadav acknowledged Ratlam's benefits from the Parvati-Kalisindh-Chambal river-linking project and a new Rs 5,000 crore four-lane highway in the Malwa region, promising enhanced land compensation if necessary.

Assembly Speaker Narendra Singh Tomar and Agriculture Minister Aidal Singh Kanshana commended the government’s farmer-centric policies under PM Narendra Modi's guidance. The event included an agricultural exhibition, flower showers welcoming farmers, and the launch of a booklet honoring former BJP MP Dr Laxminarayan Pandey.

Point of View

The commitment shown by CM Dr Mohan Yadav towards farmers' welfare through significant financial support and future initiatives reflects a broader trend of prioritizing agricultural development in India. Such steps are essential for addressing the challenges faced by the farming community, ensuring food security, and enhancing rural livelihoods.
NationPress
04/01/2026

Frequently Asked Questions

What is the Bhavantar Yojana?
The Bhavantar Yojana is a Price Difference Payment Scheme aimed at compensating farmers for the difference between market prices and the Minimum Support Price (MSP) for their crops.
How much money was transferred to farmers?
A total of Rs 810 crore was transferred directly into the bank accounts of over 3.77 lakh soybean farmers.
What future initiatives are planned for farmers?
In 2026, the government plans to dedicate the year to farmer welfare, including an agricultural festival and the implementation of modern farming techniques.
How has the Mukhyamantri Ladli Behna Yojana been modified?
The monthly assistance under the Mukhyamantri Ladli Behna Yojana will increase from Rs 1,500 to Rs 3,000.
What projects were inaugurated in Ratlam?
CM Yadav inaugurated 12 projects worth over Rs 18 crore and laid the foundation for 21 others costing Rs 127 crore in Ratlam.
Nation Press