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Farmer wants to know information about Bhavantar Yojna

Of course, here’s an article on Bhavantar Yojna:

The Bhavantar Yojna, also known as the “Price Deficiency Payment Scheme”, is a government initiative that aims to benefit farmers by providing them with a fair price for their crops. It was initially launched in 2017 in Madhya Pradesh and later extended to other states such as Haryana, Rajasthan, and Punjab.

Under this scheme, farmers are assured of a minimum support price (MSP) for their crops, and in case they get an amount lesser than the MSP in the market, they will be compensated for the difference. In other words, farmers will receive the difference between MSP and the actual market price as a “compensation” from the government.

The objective of Bhavantar Yojna is to reduce the price gap between what farmers receive for their crops and what they should be receiving as per the MSP. This way, farmers are encouraged to continue growing crops without worrying about getting less than the MSP.

So how does the scheme work?

To take advantage of the Bhavantar Yojna, farmers must first register themselves and their land on the scheme’s website or any other prescribed platform. After registration, farmers can sell their crops in the market, just as they usually do. The difference between the MSP and the actual selling price will be calculated and paid by the government directly into the farmer’s bank account.

There are some restrictions on the number of crops that can be registered under the scheme. Only certain crops such as soybean, urad, groundnut, maize, and moong are eligible for the scheme. In addition, farmers cannot sell their crops outside the state or district they belong to.

This scheme has received mixed responses from farmers. Some have benefited from it and have been able to sell their crops at a fair price. However, some farmers have faced difficulties in registering themselves and their land for the scheme. Additionally, there have been concerns about the calculation of the difference between the MSP and actual selling price.

To sum it up, the Bhavantar Yojna is a beneficial initiative that has the potential to help farmers get a fair price for their crops. However, it needs to be implemented effectively to reach maximum farmers and ensure the calculation of MSP and the actual selling price is done correctly. Overall, it is a step in the right direction to support India’s farmers and improve the agricultural industry.

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