Madhya Pradesh launches new farm scheme to hedge price risks in farming
The scheme, named Bhavantar Bhugtan Yojana, will initially extend to eight crops, mostly oilseeds and pulses, where govt procurement is typically low unlike rice and wheat
New Delhi: The Madhya Pradesh government on Tuesday launched a new scheme to hedge price risks in agriculture wherein farmers will be compensated for distress sales at prices below Union government-announced minimum support prices (MSP).
Login to enjoy exclusive benefits!
- Unlocked premium articles
- Personalized news
- Market Watchlist
- Insightful Newsletters & more