In a significant move benefiting farmers, Madhya Pradesh Chief Minister Dr. Mohan Yadav transferred Rs 810 crore directly into the bank accounts of over 3.77 lakh soybean-producing farmers. This transfer was made under the revived Bhavantar Yojana, a scheme that compensates for the price difference in soybean market rates and the Minimum Support Price.
The state-level event, held in Jaora town of Ratlam district, witnessed Dr. Yadav initiating the transfer with a single click, with Rs 20.74 crore benefiting 12,386 local farmers. The total disbursement under this scheme has now reached approximately Rs 1,300 crore, benefiting more than 6.25 lakh soybean farmers.
CM Yadav hailed the Bhavantar scheme as a symbol of the government’s commitment to farmers’ prosperity. He emphasized that the payment is the rightful entitlement of farmers and reiterated the state’s dedication to their welfare.
Highlighting future plans, the Chief Minister declared that the year 2026 would be dedicated entirely to the welfare of farmers. A grand agricultural festival is set to be organized next year to celebrate farmers’ contributions, with a focus on introducing modern farming techniques and technologies to enhance productivity.
Dr. Yadav also announced various welfare measures, including increasing the monthly assistance under the Mukhyamantri Ladli Behna Yojana, providing employment opportunities for skilled youth, offering subsidized solar pumps to farmers, and promoting animal husbandry and dairy farming.
