24 October 2026
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MP Govt Approves ₹10,500 Crore Farmer Welfare Schemes Until 2031, MSP Bonus for Urad and Mustard

Chief Minister Mohan Yadav Highlights Price Support, Natural Farming, Oilseeds Production, and Irrigation Expansion to Boost Rural Economy
Indian Masterminds Stories

Bhopal: Madhya Pradesh Chief Minister Mohan Yadav announced that the state government has approved the continuation of five major farmer-centric schemes worth ₹10,500 crore under the Farmer Welfare Year initiative, extending them until 31 March 2031. The schemes aim to strengthen agriculture, boost rural economy, and ensure direct benefits for farmers.

MSP and Bonus for Urad, Mustard Included in Price Support

CM Yadav highlighted key decisions to promote urad (black gram) and mustard production:

  • Urad will be procured at the Minimum Support Price (MSP) with an additional ₹600 per quintal bonus for farmers.
  • Mustard will be included under the Price Deficiency (Bhavantar) Scheme to ensure farmers get better returns.
  • Mustard production in the state is expected to grow by 28%, reaching around 3.38 million tonnes this year.

Read also: MP CM Mohan Yadav Launches ‘Krishi Manthan 2026’ to Boost Farmer Welfare and Agricultural Innovation

Five Major Schemes Approved Until 2031

  1. Pradhan Mantri Rashtriya Kisan Agricultural Development Scheme – ₹2,008.68 crore
    • Provides modern agricultural technology, resources, and support for farmers’ development.
  2. Pradhan Mantri Krishi Sinchai Yojana (Per Drop More Crop) – ₹2,393.97 crore
    • Supports installation of drip and sprinkler irrigation systems through government subsidies.
    • Aims to expand micro-irrigation, conserve water, and boost crop productivity.
  3. National Food Security & Nutrition Mission – ₹3,285.49 crore
    • Supports farmers producing rice, wheat, pulses, coarse cereals, and cash crops.
    • Focuses on area expansion, productivity increase, and soil fertility improvement.
  4. National Mission on Natural Farming – ₹1,011.59 crore
    • Promotes chemical-free natural farming.
    • Benefits include improved soil quality, higher production, and healthy, chemical-free food.
  5. National Oilseeds Mission – Oilseed Scheme – ₹1,793.87 crore
    • Supports oilseed cultivation to increase oil production and improve farmers’ income.

Strengthening Rural Economy and Promoting Natural Farming

CM Yadav emphasized that these ₹10,500 crore schemes will:

  • Boost the rural economy of Madhya Pradesh
  • Promote sustainable and chemical-free farming
  • Ensure farmers receive maximum benefits through a combination of technology, subsidies, and value addition

The Chief Minister reaffirmed the government’s commitment to the Farmer Welfare Year, stating that these schemes would serve as a milestone in improving farmers’ livelihoods and supporting the agricultural sector.

Read also: Madhya Pradesh Unveils ₹500 Crore Elevated Bridge in Bhopal to Ease Traffic and Improve Connectivity


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