Context
Madhya Pradesh plans to extend Bhavantar Yojana to mustard farmers (earlier for soybean). Expected to benefit ~80 lakh farmers.
Bhavantar Yojana
- Price-difference payment scheme
- If market price < MSP
- State pays difference to farmers
MSP (Minimum Support Price)
- Government-declared minimum guaranteed price
- Protects farmers from price crash
Who Recommends & Who Decides MSP?
- Recommends: Commission for Agricultural Costs and Prices (CACP)
- Approves: Cabinet Committee on Economic Affairs (CCEA), chaired by PM
Crops under MSP
Cereals: Paddy, Jowar, Bajra, Maize, Ragi, Wheat, Barley
Pulses: Gram, Tur, Moong, Urad, Masur
Oilseeds: Groundnut, Rapeseed–Mustard, Soybean, Sunflower, Sesamum, Nigerseed, Safflower
Commercial Crops: Cotton, Copra, Jute, Sugarcane
Previous Year Question (2018)
MSP announced for which crops?
Correct Answer: B




