{"id":124648,"date":"2026-09-15T17:03:55","date_gmt":"2026-09-15T11:33:55","guid":{"rendered":"https:\/\/vajiramandravi.com\/current-affairs\/?p=124648"},"modified":"2026-09-15T17:03:55","modified_gmt":"2026-09-15T11:33:55","slug":"bhavantar-bhugtan-yojana","status":"publish","type":"post","link":"https:\/\/vajiramandravi.com\/current-affairs\/bhavantar-bhugtan-yojana\/","title":{"rendered":"Bhavantar Bhugtan Yojana, Objectives, Features, Eligibility"},"content":{"rendered":"<p><span style=\"font-weight: 400;\">The <\/span><b>Bhavantar Bhugtan Yojana<\/b><span style=\"font-weight: 400;\"> is a farmer-focused scheme aimed at protecting farmers from losses when the market price of their crops falls below the <\/span><b>Minimum Support Price (MSP)<\/b><span style=\"font-weight: 400;\">. It provides financial support to cover part of the price difference, helping farmers maintain a more stable income. The scheme is mainly designed to reduce the impact of <\/span><b>market price fluctuations<\/b><span style=\"font-weight: 400;\"> and provide greater financial security to farmers.\u00a0<\/span><\/p>\n<h2><b>Bhavantar Bhugtan Yojana Objectives<\/b><\/h2>\n<p><strong data-start=\"0\" data-end=\"39\" data-is-only-node=\"\">Bhavantar Bhugtan Yojana Objectives<\/strong> focus on <strong data-start=\"49\" data-end=\"95\">protecting farmers from price fluctuations<\/strong> by providing compensation when market prices fall below the assured level, thereby supporting <strong data-start=\"190\" data-end=\"235\">farm incomes and reducing financial risks<\/strong>.<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Protect farmers from price crashes:<\/b><span style=\"font-weight: 400;\"> The <\/span><b>Bhavantar Bhugtan Yojana<\/b><span style=\"font-weight: 400;\"> aims to protect farmers when the market price of their produce falls below the government-fixed <\/span><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/minimum-support-price-msp\/\" target=\"_blank\"><b>Minimum Support Price<\/b><\/a><b> (MSP)<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Provide price-deficit compensation:<\/b><span style=\"font-weight: 400;\"> Instead of purchasing the crop directly, the government provides a <\/span><b>deficiency payment<\/b><span style=\"font-weight: 400;\"> to cover the eligible gap between the assured price and the price received by the farmer.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Reduce income losses:<\/b><span style=\"font-weight: 400;\"> The scheme helps farmers manage <\/span><b>price risk and market volatility<\/b><span style=\"font-weight: 400;\">, especially for crops whose market prices can fluctuate sharply during the harvest season.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Support farmers in Madhya Pradesh:<\/b><span style=\"font-weight: 400;\"> Madhya Pradesh was the first state to introduce the <\/span><b>Bhavantar Bhugtan Yojana<\/b><span style=\"font-weight: 400;\"> on a pilot basis in <\/span><b>2017<\/b><span style=\"font-weight: 400;\">, initially covering eight commodities, including soybean, groundnut, sesame, maize, moong, urad, tur and ramtil.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Improve farmers\u2019 access to markets:<\/b><span style=\"font-weight: 400;\"> The scheme allows farmers to sell their produce in notified markets rather than depending only on government procurement for price support.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<h2><b>Bhavantar Bhugtan Yojana Features and Benefits<\/b><\/h2>\n<p><strong data-start=\"0\" data-end=\"50\" data-is-only-node=\"\">Bhavantar Bhugtan Yojana Features and Benefits<\/strong> highlight the scheme\u2019s role in <strong data-start=\"82\" data-end=\"128\">protecting farmers from price fluctuations<\/strong>, ensuring <strong data-start=\"139\" data-end=\"157\">income support<\/strong>, and reducing the financial risks associated with falling market prices.<\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Price Deficiency Payment Scheme:<\/b><span style=\"font-weight: 400;\"> The <\/span><b>Bhavantar Bhugtan Yojana<\/b><span style=\"font-weight: 400;\"> is based on compensating farmers for the difference between the applicable MSP or government-set price and the price actually received in the market.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>No physical procurement:<\/b><span style=\"font-weight: 400;\"> Unlike conventional procurement-based support, the government does <\/span><b>not need to physically purchase, store, or transport the entire crop<\/b><span style=\"font-weight: 400;\"> under the scheme.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><a href=\"https:\/\/vajiramandravi.com\/current-affairs\/direct-benefit-transfer\/\" target=\"_blank\"><b>Direct Benefit Transfer<\/b><\/a><b> (DBT):<\/b><span style=\"font-weight: 400;\"> Eligible compensation is transferred <\/span><b>directly into the farmer\u2019s bank account<\/b><span style=\"font-weight: 400;\">, making the payment process more transparent and reducing the possibility of leakages.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Protection from market volatility:<\/b><span style=\"font-weight: 400;\"> The scheme provides a degree of income protection when <\/span><b>market prices fall below the assured level<\/b><span style=\"font-weight: 400;\">, helping farmers cope with sudden price declines.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Greater freedom to sell:<\/b><span style=\"font-weight: 400;\"> Farmers can sell their produce to buyers in <\/span><b>government-notified mandis<\/b><span style=\"font-weight: 400;\">, giving them greater flexibility while retaining price protection under the scheme.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Lower government expenditure:<\/b><span style=\"font-weight: 400;\"> Since the government does not have to procure and maintain physical stocks, the scheme can reduce the costs related to <\/span><b>procurement, storage, and transportation<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Support for selected crops:<\/b><span style=\"font-weight: 400;\"> The scheme has mainly focused on selected <\/span><b>oilseeds, pulses, and other notified crops<\/b><span style=\"font-weight: 400;\">, with the exact coverage depending on the government\u2019s notification.<\/span><span style=\"font-weight: 400;\"><br \/>\n<\/span><\/li>\n<\/ul>\n<h2><b>How Does Bhavantar Bhugtan Yojana Work?<\/b><\/h2>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Farmer registration:<\/b><span style=\"font-weight: 400;\"> Farmers first register themselves and provide details such as their <\/span><b>crop and cultivated area<\/b><span style=\"font-weight: 400;\"> within the prescribed period before selling their produce.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Sale through notified mandis:<\/b><span style=\"font-weight: 400;\"> Registered farmers are required to sell their eligible produce through <\/span><b>government-notified agricultural markets<\/b><span style=\"font-weight: 400;\">, where the actual selling price is recorded.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Calculation of market price:<\/b><span style=\"font-weight: 400;\"> A <\/span><b>Modal Price<\/b><span style=\"font-weight: 400;\"> is determined using the average market price of the commodity across relevant markets. It acts as an indicator of the prevailing market price.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Comparison with MSP:<\/b><span style=\"font-weight: 400;\"> The farmer\u2019s actual selling price is compared with the applicable <\/span><b>MSP and Modal Price<\/b><span style=\"font-weight: 400;\"> to determine whether a price deficiency has occurred.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Payment of the eligible difference:<\/b><span style=\"font-weight: 400;\"> If the selling price is below the applicable support level, the government provides a <\/span><b>price-deficiency payment<\/b><span style=\"font-weight: 400;\"> according to the scheme\u2019s prescribed formula.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Payment ceiling:<\/b><span style=\"font-weight: 400;\"> If the farmer sells the crop at a price lower than both the MSP and Modal Price, the compensation may be <\/span><b>capped at the difference between the MSP and Modal Price<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b style=\"font-size: inherit;\">Example:<\/b><span style=\"font-weight: 400;\"> If the MSP is higher than the farmer\u2019s selling price, but the selling price is above the Modal Price, the farmer can receive the <\/span><b style=\"font-size: inherit;\">difference between the MSP and actual selling price<\/b><span style=\"font-weight: 400;\">. Where the selling price falls below the Modal Price, the eligible payment is generally limited to the prescribed MSP-Modal Price difference.<\/span><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400;\"><b style=\"font-family: inherit; font-size: 35px; font-style: inherit;\">Bhavantar Bhugtan Yojana Eligibility and Application Process<\/b><\/span><\/p>\n<ul>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Eligible farmers:<\/b><span style=\"font-weight: 400;\"> The scheme is intended for farmers growing <\/span><b>notified crops<\/b><span style=\"font-weight: 400;\"> covered under the particular implementation of the scheme. Crop coverage may vary according to government notifications.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Prior registration:<\/b><span style=\"font-weight: 400;\"> Farmers need to <\/span><b>register within the specified registration period<\/b><span style=\"font-weight: 400;\"> and provide details of their crop and cultivated area to become eligible for the benefit.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Sale at notified mandis:<\/b><span style=\"font-weight: 400;\"> To receive compensation, the registered farmer must sell the eligible produce through the <\/span><b>specified government-notified mandi system<\/b><span style=\"font-weight: 400;\">, where the transaction can be verified.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Application through designated platforms:<\/b><span style=\"font-weight: 400;\"> Registration can be carried out through designated government platforms such as the <\/span><b>MP Mandi Board portal, MP Online, or Common Service Centres (CSCs)<\/b><span style=\"font-weight: 400;\">, as prescribed by the authorities.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Bank account details:<\/b><span style=\"font-weight: 400;\"> Farmers must provide valid <\/span><b>bank account details<\/b><span style=\"font-weight: 400;\"> so that the eligible deficiency payment can be transferred through <\/span><b>DBT<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Verification and payment:<\/b><span style=\"font-weight: 400;\"> After registration and sale, the relevant crop and transaction details are verified. The eligible <\/span><b>price-deficiency amount is then transferred directly to the farmer\u2019s bank account<\/b><span style=\"font-weight: 400;\">.<\/span><\/li>\n<li style=\"font-weight: 400;\" aria-level=\"1\"><b>Important condition:<\/b><span style=\"font-weight: 400;\"> Registration alone does not guarantee payment. Farmers must meet the scheme\u2019s <\/span><b>crop, registration, market-sale, and other prescribed conditions<\/b><span style=\"font-weight: 400;\"> applicable during the relevant season.<\/span><\/li>\n<\/ul>\n","protected":false},"excerpt":{"rendered":"<p>Bhavantar Bhugtan Yojana protects farmers from crop price falls below MSP through price-deficiency payments. Know its benefits, eligibility, features and process.<\/p>\n","protected":false},"author":29,"featured_media":123699,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[786],"tags":[10269,5264,5265],"class_list":["post-124648","post","type-post","status-publish","format-standard","has-post-thumbnail","category-general-studies","tag-bhavantar-bhugtan-yojana","tag-governance","tag-governance-notes","no-featured-image-padding"],"acf":[],"_links":{"self":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/124648","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/users\/29"}],"replies":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/comments?post=124648"}],"version-history":[{"count":3,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/124648\/revisions"}],"predecessor-version":[{"id":124657,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/posts\/124648\/revisions\/124657"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media\/123699"}],"wp:attachment":[{"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/media?parent=124648"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/categories?post=124648"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/vajiramandravi.com\/current-affairs\/wp-json\/wp\/v2\/tags?post=124648"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}