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About: Bhavantar Bhugtan Yojana     Goto   Sponge   NotDistinct   Permalink

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Bhavantar Bhugtan Yojana (price difference payment scheme) is a scheme of the Government of Madhya Pradesh whereby the government pays farmers the difference between official Minimum Support Price (MSP) and the rate at which they sell their crops or Model Price whichever is higher. The objective of the scheme is to provide the compensation to farmers for agriculture products whenever its price fall below the announced Minimum support price (MSP) and thereby protecting them from losses suffered on account of distress sale.