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Madhya Pradesh launched a soybean price support scheme, with farmers celebrating via a tractor rally ahead of its October 24 rollout.
Farmers in Madhya Pradesh celebrated the launch of the Bhavantar Yojana, a new scheme that compensates soybean growers if market prices fall below the Minimum Support Price, with a large tractor rally in Ujjain.
The program, open for registration since October 3, will take effect statewide on October 24, with direct payments to farmers within 15 days of sale.
Participants praised the initiative as a major step toward income stability, expressing gratitude to Chief Minister Mohan Yadav and the state government for timely support.
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Madhya Pradesh lanzó un esquema de apoyo al precio de la soja, con los agricultores celebrando a través de una manifestación de tractores antes de su lanzamiento el 24 de octubre.