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MP CM Transfers ₹200 Cr to Soybean Farmers Under Revived Bhavantar Scheme

Chief Minister Mohan Yadav transferred ₹200 crore to over 1.7 lakh soybean farmers in Mandsaur under the Bhavantar Bhugtan Yojana. This is the fourth instalment since the scheme was revived by his government in October 2025 to compensate farmers selling below MSP. The government has now disbursed a total of ₹1,692 crore to more than 8 lakh beneficiaries since the scheme's reintroduction. During the event, CM Yadav also inaugurated development projects worth ₹69.50 crore in the district.

Key Points: MP CM Mohan Yadav Transfers ₹200 Cr to 1.7 Lakh Farmers

  • ₹200 crore transferred to 1.7 lakh farmers
  • Bhavantar scheme compensates for prices below MSP
  • Scheme revived by CM Yadav in Oct 2025
  • Total ₹1,692 crore sent to 8 lakh farmers so far
2 min read

CM Mohan Yadav transfers Rs 200 crore to 1.7 lakh farmers under Bhavantar scheme

Madhya Pradesh CM Mohan Yadav disburses ₹200 crore to soybean farmers under the Bhavantar scheme, reviving the agricultural support initiative.

CM Mohan Yadav transfers Rs 200 crore to 1.7 lakh farmers under Bhavantar scheme
"This marked the fourth instalment after the scheme... was reintroduced - Official Statement"

Mandsaur, Jan 29

Chief Minister Mohan Yadav transferred Rs 200 crore under the Bhavantar Bhugtan Yojana into the bank accounts of more than 1.7 lakh soybean-producing farmers during a 'Kisan Sammelan' in Mandsaur district of Madhya Pradesh on Thursday.

This marked the fourth instalment after the scheme aimed to compensate farmers selling Soybean crops below the Minimum Support Price (MSP) was reintroduced by CM Mohan Yadav, led by the Bharatiya Janata Party (BJP) government in Madhya Pradesh in October 2025.

The Chief Minister credited the amount into the bank accounts of the farmers who sold their Soybeans crop between December 20, 2025 and the conclusion of the scheme.

The government has sent a total of Rs 1,692 crore to more than 8 lakh farmers, including Rs 200 crore on Thursday, according to an official statement from the Madhya Pradesh government.

Notably, the Bhavantar Bhugtan Yojana, first introduced in 2017 under the stewardship of then Chief Minister Shivraj Singh Chouhan, was conceived as a pioneering intervention to buffer farmers against market volatility.

Chief Minister Yadav's government revived the scheme with renewed vigour and digital safeguards in October last year. Under the scheme, farmers were allowed to sell soybean crops in the notified markets between October 2025 and January 15, 2026.

During the event on Thursday, the Chief Minister also inaugurated and laid the foundation stone for development projects worth Rs 69.50 crore in Mandsaur district, which includes a four-lane flyover located on the Mandsaur-Neemuch. He also inaugurated a bridge construction project on Malhargarh Railway Station Road at a cost of Rs 2.06 crore.

The event - 'Kisan Sammelan' marks the Madhya Pradesh government's vision for the growth of the agriculture sector. CM Mohan Yadav's government has declared 2026 as 'Agriculture Year'.

- IANS

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Reader Comments

S
Shreya B
Good to see the scheme revived. My uncle in Mandsaur is a beneficiary. He said the process was much smoother this time with the digital system. The infrastructure projects are also needed for better market access. A positive move overall.
R
Rahul R
While the transfer is good, we must ask if this is sustainable. Rs 200 crore is a huge amount. What about long-term solutions like better storage, food processing units, and stable export policies so farmers don't always sell at a loss? The scheme is a band-aid.
P
Priyanka N
Declaring 2026 as 'Agriculture Year' sounds promising. But the real test is whether small and marginal farmers, who are the majority, feel the impact. Hope the flyover and bridge help reduce transportation costs for them. Jai Kisan! 🚜
A
Aman W
The original Bhavantar scheme had issues with fake registrations. Hope the "digital safeguards" mentioned actually work to prevent that. Transparency is key. If implemented well, this can be a model for other states.
M
Michael C
Interesting to see this policy in action. Market intervention to protect farmers is a complex challenge globally. The scale here is impressive - 1.7 lakh farmers. The focus on infrastructure alongside direct payments seems like a holistic approach.

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