Madhya Pradesh:Summary of the Council of Ministers-Price Deficit Financing Scheme

To enable the farmers of the state to obtain timely and proper value of their produce, for the farm produce sold by the farmer in the premises of the Designated Farmers’ Market Committee at the Support Price for Kharif-2011 fixed by the State Government on pilot basis, and on adopting the working procedure laid down by the State Government, the farmer shall be provided in the form of subsidy, under the "Price Deficit Financing Scheme", an amount equal to the difference from the announced model sale price. After reviewing the implementation of the scheme for the Kharif of 2017, the decision regarding the continuation of the scheme on a permanent basis in relation to Rabi 2017-18 and subsequent crop cycles shall be made.