Bhavantar Yojana: What is the Bhavantar Yojana and how will Madhya Pradesh farmers receive the money? Learn the full details here...

A new scheme for farmers has been implemented in Madhya Pradesh. Providing significant relief to soybean farmers, Madhya Pradesh Chief Minister Dr. Mohan Yadav has announced the resumption of the Bhavantar Yojana (Bhavantar Yojana). Registrations are set to open soon. Under this scheme, if farmers receive a price lower than the MSP for their crops in the market, the state government will pay the remaining amount. This scheme is expected to prove very effective for farmers. Let's find out what the Bhavantar Yojana is and how it will benefit farmers.

What is the Bhavantar Yojana?
The Chief Minister's Bhavantar Payment Scheme was launched in 2018-19 to protect farmers from the problems of fluctuations in crop prices. Under this scheme, farmers are paid the difference between the Minimum Support Price (MSP) set by the Government of India and the model price in the state market. Now, this scheme has been launched for soybean farmers. Farmers will sell their crops in the market as before. The difference between the MSP and the model price will be paid directly to the account by the Madhya Pradesh government through DBT.

Objective of the Bhavantar Yojana

To ensure farmers receive the minimum support price for their crops.

To provide farmers with a safety net in case of falling market rates.

Features of the Bhavantar Yojana

Farmers do not need to worry about fluctuations in market prices.

If the market price for their crops is lower than the MSP, the government will compensate the remaining amount.

What is the Minimum Support Price for Soybeans?
The Central Government has fixed the Minimum Support Price for soybean at Rs. 5328 per quintal.

When will registrations for the Bhavantar Yojana begin?
Registrations for the Bhavantar Yojana will begin on October 10th and will continue until October 25th.

The Bhavantar Yojana period will be from November 1st, 2025, to January 31st, 2026.

How will registration for the Bhavantar Yojana be conducted?
Registration for the Bhavantar Yojana scheme will be required on the e-Uparjan portal.
Registration for farmers on the portal will begin on October 10th.
The Revenue Department will verify registered farmers and their land holdings.
Money will be transferred to the bank account provided at the time of registration.

How will compensation be assessed under the Bhavantar Yojana scheme?
1. If the selling price of a crop is higher than or equal to the MSP, benefits will not be available under the scheme.
2. If the selling price of an average quality crop in the market is lower than the MSP but higher than the state government's model price, the farmer will be paid the difference between the MSP and the price at which the crop was sold.
3. If the price of agricultural produce in the market is lower than the state government's average model price, the farmer will be paid the difference between the MSP and the model price.

Understand how much money will be received with an example.
The minimum support price of soybeans is Rs. 5328 per quintal.
The selling price of the crop in the market is Rs. 5000 per quintal.
The government will receive Rs. 328 per quintal.

How will the money be credited to the account?
The payment amount under the Bhavantar Yojana will be directly credited to the farmers' accounts through DBT.

What documents will be required for the Bhavantar Yojana?
Registration number on the e-Uparjan portal
Contract slip, weighing slip, and payment slip
Certificate of sale after the 4-month storage period ends
Aadhaar card
Farmer ID

Further FAQs related to the Bhavantar Yojana
What is the Bhavantar Yojana in Madhya Pradesh?
The Bhavantar Yojana has recently been implemented for soybean farmers. Under this scheme, if farmers receive prices for their crops in the market below the Minimum Support Price (MSP), the government will pay the remaining amount.

When will the Bhavantar Yojana money be received?
Registrations for the Bhavantar Yojana will run from October 10th to October 25th. Funds may begin arriving in accounts after November 1st.

How will crop compensation be determined under the Bhavantar Yojana?
Under the Bhavantar Yojana, if the crop price is equal to the MSP, nothing will be paid. If the crop price is lower than the MSP or higher than the model price, the difference will be paid. If the crop price is lower than the model price, the difference between the MSP and the model price will be paid.

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