Now Reading: MP soybean farmers demand Rs 6,000 per quintal price
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MP soybean farmers demand Rs 6,000 per quintal price
Soybean farmers in Burhanpur, Madhya Pradesh, are demanding that the state government raise the minimum support price under the Bhavantar Yojana to Rs 6,000 per quintal. The government has set the price at Rs 5,708 per quintal.
Under the scheme, if a farmer's produce sells below the fixed price, the government compensates the difference up to Rs 5,708. Registration for the scheme runs from 3 October to 17 October. Farmers like Vilas Damodare of Titgaon Kala said input costs on two acres make Rs 6,000 necessary.
Officials said farmers can register at 15 cooperative societies and kiosks across the district. Only a registration order has been issued so far.
Indian Opinion Analysis
The gap between the government's Rs 5,708 and the farmers' demand of Rs 6,000 per quintal is just Rs 292, but it reflects rising input costs that farmers say the current formula ignores. With registration open until 17 October, the window for the state to revise the price before payouts begin is narrow. The final rate will determine whether the scheme covers costs for growers in one of Madhya Pradesh's key soybean districts.
Source: bhaskar.com
This brief was synthesised by AI from the source linked above. Methodology and corrections.
