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Madhya pradesh cabinet approves ₹491 crore horticulture schemes and ₹2,220.62 crore markfed loan

Madhya Pradesh Cabinet approves ₹491 crore for horticulture schemes
Madhya Pradesh Cabinet approves ₹491 crore for horticulture schemes

The Madhya Pradesh Cabinet has approved a series of decisions aimed at supporting the state’s horticulture sector, strengthening agricultural marketing and continuing assistance under key government programmes. The Cabinet has cleared a ₹491 crore financial provision for eight state-funded horticulture and food-processing schemes for the next five years. It has also approved an interest-free loan of ₹2,220.62 crore to MARKFED for repayment of outstanding foodgrain credit-limit liabilities from the Rabi Marketing Year 2024-25.

Horticulture Schemes to Continue for Five Years:

Madhya Pradesh government has approved the continuation of eight state-funded schemes of the Horticulture and Food Processing Department from the financial year 2026-27 to 2030-31. A total financial provision of ₹491 crore has been approved for these schemes. The initiatives are aimed at expanding the area under fruit and spice crops, improving cultivation quality, strengthening crop protection and promoting activities related to food processing.

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The continued funding is expected to help maintain government support for farmers adopting modern horticulture practices, protected cultivation and other technology-based farming systems.

How Much Budget Has Been Allocated to Each Scheme?

  1. The approved financial provision includes:
  2. Fruit Plantation Scheme: ₹100 crore
  3. Spice Area Expansion Scheme: ₹100 crore
  4. Protected Cultivation Promotion Scheme: ₹85 crore
  5. Crop Insurance: ₹53 crore
  6. Development of Food Processing Industries: ₹53 crore
  7. Integrated Cold Chain Infrastructure: ₹50 crore
  8. Farmer Training: ₹25 crore

Maintenance of Departmental Assets: ₹25 crore:

The continuation of these programmes is expected to provide farmers with continued access to support related to advanced horticulture practices, financial assistance, crop protection, training and modern agricultural technologies. The concerned department has also been authorised to issue the necessary guidelines and operational rules for implementation of the schemes.

MARKFED Gets ₹2,220.62 Crore Interest-Free Loan:

The Cabinet has approved an interest-free loan of ₹2,220.62 crore for the Madhya Pradesh State Cooperative Marketing Federation (MARKFED). The funds will be used to repay outstanding liabilities related to the foodgrain credit-limit loan for the Rabi Marketing Year 2024-25. The government has decided to ensure repayment of the outstanding amount by September 30, 2026. The loan will be made available by the Finance Department, taking into account the state's cash liquidity position and the prescribed fiscal deficit limit. Other terms and conditions will be finalised with the approval of the Finance Department, considering MARKFED's financial position. The decision is linked to the settlement of financial liabilities arising from foodgrain procurement and marketing operations.

₹250 Special Assistance for Ladli Behna Beneficiaries Approved:

The Cabinet has also formally approved the ₹250 special financial assistance provided to eligible women beneficiaries under the Mukhyamantri Ladli Behna Yojana 2023 on the occasion of Raksha Bandhan. The additional assistance was provided along with the regular financial assistance for August 2026. The Cabinet's approval ratifies the decision communicated through the order issued by Chief Minister Dr. Mohan Yadav on August 20, 2026, followed by the departmental order issued on August 24, 2026.

FAQs:

1. How much has Madhya Pradesh approved for horticulture schemes?
The Madhya Pradesh Cabinet has approved a financial provision of ₹491 crore for eight state-funded horticulture and food processing schemes for five years.

2. How much interest-free loan has been approved for MARKFED?
An interest-free loan of ₹2,220.62 crore has been approved for MARKFED to repay outstanding foodgrain credit-limit liabilities.

3. How much was allocated for the Fruit Plantation Scheme?
₹100 crore has been allocated to the Fruit Plantation Scheme.

4. How much special assistance was approved for Ladli Behna beneficiaries?
The Cabinet approved ₹250 special financial assistance for eligible beneficiaries on the occasion of Raksha Bandhan.

5. For how many years will the horticulture schemes continue?
The eight state-funded schemes will continue from financial year 2026-27 to 2030-31, covering five years.

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