SaralnamaThe Madhya Pradesh government will start buying soybean under the Bhavantar scheme from. Farmers can sell crops at nearby mandis. The MSP is set at ₹5,328 per quintal. The government will pay the difference between MSP and market price within 15 days. Indore division has completed preparations at all purchase centers. 1,45,188 farmers have registered in eight districts, with 46,061 in Indore alone. Payments will be made directly to farmers' bank accounts. On Thursday, ceremonial trades took place at Laxmibai Anaj Mandi in Indore. Soybean traded at ₹7,001 and wheat at ₹2,706 during these trades. (Updated 23 Oct 2025, 23:56 IST; source: link)
Key Points
- The Madhya Pradesh government will start buying soybean under the Bhavantar scheme from 24 Oct 2025 until 15 Jan 2026
- Farmers can sell crops at nearby mandis
- The MSP is set at ₹5,328 per quintal