Overview
- Chief Minister Mohan Yadav announced the price-deficiency scheme for soybean, saying farmers will not be allowed to incur losses.
- Farmers must register their crop and sell in mandis, after which the state will deposit any shortfall from the MSP into their bank accounts.
- A survey is underway to assess yellow mosaic damage to soybean, with the government promising separate relief for affected yield.
- The move revives the Bhavantar mechanism after eight years, and the state has yet to clarify whether farmers who already sold produce will qualify.
- Some reports cite 30-day DBT payouts and large fiscal outlays and beneficiary counts, though these operational details remain unconfirmed by formal guidelines.