Price Difference Payment Scheme

Bhopal: Price difference scheme is being introduced in the state to provide fair price to farmers on their produces. The aim of the scheme is to ensure minimum support price to agriculture produce to farmers and provide a safety cover in case of decline in mandi rates. Under the scheme, farmers will be paid difference of Minimum Support Price announced by the centre government and modal sale price announced by the State Government in earmarked produce notified in the state government in Krishi Upaj Mandi.

Registration of farmers from September 1 to 30

The price difference scheme is being introduced as a pilot scheme for Kharif 2017 season. Crop of soybean, peanuts, sesame, Ramtil, maize, moong, urad and tuar have been earmarked under the scheme. For this, farmers' registration will be made between September 1, and September 30, 2017 at Bhawantar Bhugtan Yojana Portal. Aadhaar number, bank account and mobile number will be given at the time of registration. After registration, a unique ID number will be provided to farmers.

Under the scheme, the sale period will be between October 16, 2017 and
December 15, 2017 for Soybean, Peanuts, Sesame, Ramtil, Maize, Moong and Urad. The sale period for Tuar will be between February 1 and April 30, 2018.
Model sale rate is average of rate of Madhya Pradesh and model rate of two other states

The model sale rate will be average of the model rate of Madhya Pradesh and two other states. Model rate will be taken from Maharashtra and Rajasthan for Soybean, Gujarat and Rajasthan for peanuts, Orissa and Chhattisgarh for sesame, West Bengal and Rajasthan for Ramtil, Karnataka and Maharashtra for maize, Rajasthan and Maharashtra for moong, Rajasthan and Uttar Pradesh for Urad and Maharashtra and Gujarat for Tuar.

The benefit of the scheme will be given to registered farmers for sale of produce produced in Madhya Pradesh in notified Mandi premises. The benefit under the scheme will be given up to extend of production based on production on crop cutting experiment of previous years in the district. Under the scheme, the eligible farmers will be paid by Madhya Pradesh State Co-operative Marketing Federation and Madhya Pradesh State Civil Supplies Corporation.

Calculation of model sales rate

Provision related with calculation of the amount to be paid to farmers has been made in the scheme. According to it, if the sale rate of notified crop sold in Mandi Committee premises is lower but higher than the model sale rate announced by the state government, then difference of minimum support price and sale price will be paid in bank accounts of farmers. Similarly, if sale rate of the notified crop in Mandi Committee premises is lower than the model sale rate announced by the state government, the difference of Minimum Support Price and model sale rate will be paid in farmer's bank account.

Grant on storing produce in licensee warehouse

 Grant will be given to farmer for storing agricultural produce in licensed warehouse for the farmers registered under the scheme in order to provide opportunity to farmers to sell their produce at appropriate market rate and appropriate time.

 The state government has decided that warehouse rent will be given to farmers for storing Tuar between May 1 and August 30, 2018 and Soybean, peanut, Ramtil, Maize, Moong and Urad between January 1 and April 30, 2018. Committee will be constituted under the chairmanship of chief secretary at state level and collector at district level for monitoring execution of the scheme.

Registration number will be mentioned on contract slip, weighing slip and payment sheet to be issued after sale in Mandi.  The information received will be put by the Mandi Committee on the portal of Bhavantar Bhugtan Yojana. Agriculture produce to be sold and purchased through deal will not be covered under the scheme.-WTN