Madhya Pradesh government runs ‘Mukhyamantri Bhavantar Bhugtan Yojana’ to provide financial assistance to farmers at the time of loss in agriculture. In the event of loss to the farmers under this scheme, the loss is compensated directly by sending money to the farmer’s account.

The loss to the farmers is usually due to lack of proper price for the crop. The Bhavantar Yojana comes in handy to compensate for this loss to get a fair price for the produce.

The Madhya Pradesh government pays the farmers the difference between the market price and the minimum support price (MSP) when crop prices fall from this scheme. This amount is deposited in the account of farmers.

How to take advantage of this scheme?
To take advantage of Bhavantar Yojana, farmers are required to register before selling their produce. Its registration can be done on the MP Earnings Portal created by the Government of Madhya Pradesh. After registration, the farmer is guaranteed to get the minimum support price (MSP) of his produce. Farmers do not even need to visit government offices to take advantage of this scheme.

Source: Nai Dunia

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