Particle.news
Download on the App Store

Madhya Pradesh Starts Bhavantar Payouts With ₹233 Crore for 1.33 Lakh Soybean Farmers

AI-driven pricing with biometric verification enables rapid MSP-gap payments during ongoing procurement.

Overview

  • Chief Minister Mohan Yadav oversaw a state-level event in Dewas on November 13 to transfer ₹233 crore via DBT to about 133,000 soybean growers.
  • Under the scheme, the state pays the difference between the MSP of roughly ₹5,300 per quintal and the season’s model price of about ₹4,000–₹4,036 per quintal.
  • More than nine lakh farmers have registered, the state reports procurement of 2.70 lakh tonnes from over 1.60 lakh farmers, and the sale/registration window runs until mid-January.
  • Officials say an AI-powered portal tracks mandi arrivals, computes weighted average prices in real time, and releases payments within 48 hours after Aadhaar-based verification using satellite-backed crop mapping.
  • At the same event, the Samadhan Yojana offered surcharge waivers to over nine million electricity consumers, while some farmer leaders argued compensation should reflect actual sale prices that fell below the model rate.