https://indianpedia.org/index.php?action=history&feed=atom&title=Bhavantar_Bhugtan_YojanaBhavantar Bhugtan Yojana - Revision history2026-08-01T07:38:52ZRevision history for this page on the wikiMediaWiki 1.45.4https://indianpedia.org/index.php?title=Bhavantar_Bhugtan_Yojana&diff=452761&oldid=prevTerrence5904 at 20:59, 18 August 20242024-08-18T20:59:02Z<p></p>
<p><b>New page</b></p><div>{{Short description|Policy of Madhya Pradesh government}}<br />
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{{Infobox project|name=Bhavantar Bhugtan Yojana|launch_date=16 October 2017|motto=To provide compensation to farmers for agricultural products whenever their prices fall below the announced Minimum Support Price (MSP)|state=[[Government of Madhya Pradesh]]|chiefminister=[[Shivraj Singh]]}}<br />
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The '''Bhavantar Bhugtan Yojana''' (price difference payment scheme) is a program of the [[Government of Madhya Pradesh]] in which the government compensates farmers for the difference between the official [[Minimum support price (India)|Minimum Support Price]] (MSP) and the rate at which they sell their crops, or the Model Price, whichever is higher.<ref name="LiveMint">{{cite news |last1=Bera |first1=Sayantan |date=30 August 2017 |title=Madhya Pradesh launches new farm scheme to hedge price risks in farming |url=https://www.livemint.com/Politics/uDdclMv4VKUhGvpSEqtmqL/Madhya-Pradesh-launches-new-farm-scheme-to-hedge-price-risks.html |accessdate=12 August 2018 |work=LiveMint}}</ref><br />
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The objective of the scheme is to provide compensation to farmers for agricultural products whenever their prices fall below the announced Minimum Support Price (MSP), thereby protecting them from losses incurred due to distress sales.<ref>{{Cite news |date=2017-10-30 |title=Bhavantar Bhugtan Yojana: MP CM asks ministers to get feedback |url=https://timesofindia.indiatimes.com/city/bhopal/bhavantar-bhugtan-yojana-mp-cm-asks-ministers-to-get-feedback/articleshow/61347129.cms |access-date=2024-02-09 |work=The Times of India |issn=0971-8257}}</ref><br />
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The scheme was launched by Chief Minister [[Shivraj Singh Chouhan|Shivraj Singh]] on 16 October 2017. In its first year, the state government introduced the scheme for eight crops, mainly in the oilseeds and pulses category. Later, in 2018, the scheme was extended to a total of 13 Kharif crops.<ref>{{Cite news |date=2017-10-16 |title=MP CM launches 'Bhawantar' scheme to douse farm embers |url=https://timesofindia.indiatimes.com/city/bhopal/mp-cm-launches-bhawantar-scheme-to-douse-farm-embers/articleshow/61106499.cms |access-date=2024-02-09 |work=The Times of India |issn=0971-8257}}</ref><br />
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==References==<br />
{{reflist}}<br />
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[[Category:Agriculture in Madhya Pradesh]]<br />
[[Category:Government schemes in Madhya Pradesh]]<br />
[[Category:Agricultural marketing in India]]<br />
[[Category:Agricultural finance in India]]<br />
[[Category:Agricultural subsidies]]<br />
[[Category:Chief ministership of Shivraj Singh Chouhan]]<br />
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