Preparations Underway for Soybean Procurement Under Bhavantar Scheme in Maharashtra District

Strategic Insights -

Preparations for the procurement of soybean under the Bhavantar scheme are underway in a district in Maharashtra, with authorities holding a meeting to review the arrangements. The Bhavantar Bhugtan Yojana, or price difference payment scheme, aims to support farmers by providing them with the difference between the market price and the minimum support price of their soybean crop. Farmers must register themselves by October 17 to be eligible for the benefit. Authorities have been instructed to ensure that all necessary arrangements, including Internet access, weighing machines, and sheds, are in place at the mandis and sub-mandis.

Key Takeaways:

  • The Bhavantar Bhugtan Yojana, or price difference payment scheme, aims to support farmers by providing them with the difference between the market price and the minimum support price of their soybean crop.
  • Farmers must register themselves by October 17 to be eligible for the benefit.
  • Instructions have been given to make arrangements for Internet, weighing machine, shed and drinking water in the mandis of the district.
  • The soybean price difference payment scheme would be available in four mandis and three sub-mandis of the district.
  • The last date for registration for the scheme is October 17.
  • Authorities have been urged to ensure that the minimum support price for the soybean crop is received by the farmers.
  • Point of Sell (POS) machines, Internet access, availability of traders and necessary staff at all sales centres in the district must be ensured.
  • New unit weighing machines should be installed, and market-wise SOPs should be established for auctions, online payments, and the resolution of farmers' complaints.
  • Appropriate traffic management measures should be implemented in all mandis and sub-mandis, considering the expected arrivals.
  • All vehicles arriving at sales centres must be registered with the RTO.

Statistics:

  • The last date for registration for the scheme is October 17.
  • The soybean price difference payment scheme would be available in four mandis and three sub-mandis of the district.
  • Farmers must register themselves by October 17 to be eligible for the benefit.

Sources:

  • Indian National Press (Bombay) Pvt. Ltd., Copyright 2025, distributed by Contify.com