Question
According to the Madhya Pradesh government’s proposal
regarding the Bhavantar Yojana extension, approximately how many farmers in the state are expected to benefit?Solution
The extension of the Bhavantar Yojana to mustard farmers in Madhya Pradesh is expected to benefit around 80 lakh farmers in the state. The scheme provides compensation when market prices fall below the MSP, thereby helping farmers mitigate losses caused by price fluctuations. By covering additional crops such as mustard, the state government aims to extend income protection to a larger number of farmers beyond those currently covered under the scheme.
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