Sure, here’s an article on the Bhavantar Yojna:
The Bhavantar Yojna, also known as the Price Deficiency Payment Scheme, is a government initiative in India aimed at helping farmers by offering them financial aid in case they sell their crops below the Minimum Support Price (MSP). This scheme was launched by the Madhya Pradesh Government in 2017 and has been implemented in other states as well.
Under this scheme, the government guarantees payment to farmers for their crops at the MSP. In case the market price of the crop falls below the MSP, farmers will receive the difference between the MSP and market price deposited directly into their bank accounts. This way, farmers are protected from price fluctuations, and the government is also encouraging farmers to sell their crops at MSP.
The Bhavantar Yojna covers several crops, including pulses, oilseeds, and some vegetables. The government decides the MSP for these crops based on recommendations from the Commission for Agricultural Costs and Prices (CACP).
To benefit from this scheme, farmers need to register themselves online and provide details about the crops they intend to sell. They also need to produce documentation and evidence to show that they have sold their produce at the MSP rate or lower.
The government has set a cap on the total amount of money that farmers can receive under this scheme. In the 2019-2020 fiscal year, the cap was Rs. 10,000 per hectare of land. The government has also set aside a budget for this scheme, and the payment to farmers is made from this budget.
The Bhavantar Yojna has received positive feedback from farmers who have benefited from it. They appreciate the ease of use of this scheme and the financial support they receive. However, some experts have criticized the scheme, saying that it places a significant burden on the government’s budget.
Overall, the Bhavantar Yojna is a well-intentioned effort to support farmers and protect them from price fluctuations. Like any government initiative, it has its limitations, but overall it is a step in the right direction towards making farming more profitable and sustainable in India.