Madhya Pradesh government launched Bhavantar Bhugtan Yojna (BBY) for farmers
Shivraj Singh Chouhan, the Chief Minister of Madhya Pradesh, has launched the ambitious ‘Bhavantar Bhugtan Yojna’ for the farmers of the state at the Krishi Upaj Mandi in Khurai, Sagar.
The scheme has launched as a guarantee to ensure reasonable prices to the farmers for their agriculture produces. To get benefits of the scheme, the farmers are required to sell their crops in the mandi and obtain a receipt for the same. As per the scheme, the government will provide subsidy and loan ranging from Rs 10 lakhs to two crores to the farmers willing to invest in industries.
In addition, the state government has approved a web of irrigation projects across the Sagar District which will cover 96-hectare fields.
Category: Government Schemes Current Affairs