Bhavantar Payment Scheme 2025, model rates for soybean-producing farmers are being released on a regular basis. In the latest update, the state government announced a model rate of ₹4,235 per quintal for soybean on Thursday, December 25. This rate will be applicable to farmers who have sold their produce at designated mandi premises.
Bhavantar compensation payable to farmers will be calculated strictly on the basis of the officially notified model rate. The state government is directly compensating farmers for the difference between the Minimum Support Price (MSP) and the prevailing model rate, ensuring protection against a fall in market prices.
Bhavantar scheme, the first model rate for soybean was announced on November 7 at ₹4,020 per quintal. Prices showed a steady upward trend through November, peaking at ₹4,285 per quintal on November 22. However, a marginal decline was observed toward the end of the month.
In December, the model rate remained largely stable. From December 1 to 10, rates hovered between ₹4,210 and ₹4,240 per quintal. Between December 11 and 24, minor fluctuations were recorded, but prices continued to remain within a narrow range.
The state government has reiterated that under the Bhavantar scheme, soybean farmers will receive the full MSP of ₹5,328 per quintal under all circumstances. If the mandi model rate falls below the MSP, the difference amount will be credited directly to farmers’ bank accounts through Bhavantar payments.
Bhavantar Payment Scheme is playing a crucial role in safeguarding farmers from market volatility and ensuring income stability. By guaranteeing fair prices, the scheme is strengthening farmers’ confidence and reinforcing trust in agricultural marketing systems.
FAQs about Bhavantar Payment Scheme 2025:
What is the Bhavantar Payment Scheme 2025?
It is a government initiative to compensate farmers for the price difference between MSP and mandi model rates to protect their income.
How is the soybean model rate decided?
The model rate is officially notified based on prevailing market prices at mandi premises.
What MSP is guaranteed under this scheme for soybean?
The MSP guaranteed is ₹5,328 per quintal for soybean.
Who is eligible for Bhavantar compensation?
Soybean farmers selling their produce at designated mandi locations qualify for compensation if prices fall below MSP.
How does Khetivyapar support farmers under this scheme?
Khetivyapar promotes awareness and assists farmers in understanding and accessing benefits under the Bhavantar Payment Scheme.
