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Feb
10

Chana, masur, mustared and onion under price compensation scheme in MP

In a bid to protect the farmers interest to encourage them for more sowing in the state, the Madhya Pradesh government has added chana, masur, onion, and mustard harvested the in 2017-18 (July-June) rabi season under its flagship price deficit scheme (Bhavantar Bhugtan Yojana). Chana, masur, onion, and mustard are the key rabi crops in the State. Madhya Pradesh is the largest grower of chana in the country and a leading producer of masur, onion, and mustard. Under the scheme, the State compensates farmers for the difference between the modal price of a crop and its minimum support price in case the former is lower than the latter and the amount to be paid would be directly credited into the farmers account. For this, modal prices of crops in Madhya Pradesh and two other neighbouring States are considered.