Bhavantar Scheme: Relief for Madhya Pradesh’s farmers has been reported. Under the Bhavantar Scheme 2025, the government has taken action to close the gap between the market price of soybeans and the Minimum Support Price (MSP). This program’s goal is to prevent losses and guarantee that farmers get a fair price for their produce.

The procurement process for soybeans starts on October 24.

Under the Bhavantar Scheme , the state started purchasing soybeans on October 24, 2025. Since November 7, model rates have been published to guarantee that farmers obtain precise and timely price information. A new model rate for soybeans, set at ₹4,036 per quintal, was announced by the government on November 10. Farmers who sell their produce at the market will be subject to this charge.

Relief persists despite a modest increase in the modular rate.

There hasn’t been much of an increase in the model rate since the administration issued it on November 7. On the first day, the rate was ₹4,020 per quintal; on November 8, it was ₹4,033; and on November 9, it was ₹4,036. On November 10, the identical rate was made public. This indicates that there has only been a ₹16 increase per quintal thus far.

A ₹1,292 discrepancy between the model rate and the MSP

This year, the Minimum Support Price (MSP) for soybeans is set at ₹5,328 per quintal by the Central Government. The model tariff set by the Madhya Pradesh government is ₹4,036 per quintal. This indicates that the government will provide farmers a price gap of about ₹1,292 per quintal between the MSP and the model rate.

The goal of the government is to give farmers financial stability.

Stabilizing farmers’ income is the primary goal of the price difference system. Under this program, the government makes up for losses when a crop’s market price drops below the MSP. Farmers benefit from this, and it also boosts their confidence in crop sales in the future.

F&Q: Important Information for Farmers

Q1. What is the Bhavantar Scheme?
It is a government scheme under which the government pays farmers the difference between the MSP and the market price.

Q2. How will the Bhavantar amount be received?
The difference between the model rate and the MSP for the produce sold by farmers in the market will be transferred directly to their bank accounts.

Q3. What is the MSP for soybean?
The Central Government has fixed the MSP for soybean at ₹5328 per quintal for the year 2025.

Q4. What is the current model rate?
On November 10, 2025, the Madhya Pradesh government announced a model rate of ₹4036 per quintal.

Q5. How much will farmers benefit?
Farmers will receive a Bhavantar benefit of approximately ₹1292 per quintal between the MSP and the model rate.

Disclaimer: The information provided in this article is based on government releases and available public sources. Readers are requested to verify official information with the relevant department or official before making any decisions.