Archive · 26 Sep 2025
MP Announces Soybean Scheme, Farmers Voice Concerns
The Madhya Pradesh government is bringing back a program called Bhavantar Yojana for soybean farmers.
This means the government will pay farmers the difference if their soybeans sell for less than a set price.
Farmers sell their soybeans as usual, and the government pays them extra if the market price is low.
Some farmers worry this might not be as good as selling at a fixed price.
They fear the calculation of the difference may not be fair and that the scheme's history could lead to problems, like lower prices and payment delays.
Madhya Pradesh will implement the Bhavantar Yojana for soybean farmers.
The scheme aims to compensate farmers if market prices fall below the MSP.
Farmers will continue to sell soybeans in markets as before.
Farmers unions suggested the implementation of the scheme.
Concerns raised regarding the scheme's calculation and potential past issues.
- Who
- Soybean farmers and Madhya Pradesh government
- What
- Implementation of the Bhavantar Yojana
- When
- Announced September 26, 2025
- Where
- Madhya Pradesh
- Why
- To bridge the gap between market price and MSP for soybean crops
Farmer's Concerns
Government's Stance
Price Calculation
Farmer's Concerns
The 'differential' price calculation is flawed and based on a monthly modal price, which may not be fair to farmers.
Government's Stance
The government aims to provide support by compensating farmers when market prices are below MSP.
Scheme's Effectiveness
Farmer's Concerns
The scheme may lead to lower prices and payment delays, like in 2017, due to the limited time frame of implementation.
Government's Stance
The Bhavantar Yojana benefit to soybean cultivators this year, as announced by the CM, is based on the suggestions of farmers unions.
- Policy
- Bhavantar Yojana
- Crop
- Soybean
- Location
- Madhya Pradesh
- MSP
- ₹5,328 per quintal
- Market Price (Sept 1-25)
- ₹4,121/quintal
- Announcement Date
- September 26, 2025