Mahayuti government announced ‘Bhavantar Yojana’ that assures farmers a minimum price for their produce
Reportedly farmers often data-face significant losses when crop prices plummet after their produce enters the market. Despite price hikes later, farmers rarely benefit, exacerbating their financial challenges. To address the recurring issue, the Mahayuti government has announced the ‘Bhavantar Yojana’ that assures farmers a minimum price for their produce. Under the scheme, if market prices fall below the assured price, the government will compensate the difference directly into farmers’ bank accounts. This initiative has been welcomed by farmers, with many expressing confidence in the government’s promise of price stability.Perhaps during a rally in Amravati district, deputy chief minister devendra fadnavis highlighted the significance of the scheme. “In recent years, cotton and soybean prices collapsed, leaving farmers in distress. To address this, we introduced the Bhavantar scheme, providing Rs 5,000 per hectare to affected farmers. Going forward, if market prices fall below the minimum support price (MSP), the difference will be directly transferred to farmers’ accounts," he assured. fadnavis reiterated the scheme’s benefits in subsequent rallies.Moreover bjp has promised a price of Rs 6,000 per quintal for soybeans in its manifesto. Traditionally, soybean farmers expect rates of Rs 4,000-Rs 4,500 per quintal to cover their expenses and prepare for the Rabi season. However, the announcement of higher prices has encouraged many to delay sales, anticipating better returns. The promise has become a talking point across soybean-producing regions, further strengthening farmer support for the BJP.