Evaluation of Bhawantar Bhugtan Yojana in Context to Modal Price of Blackgram

The focus of government is to doubling farmers’ income by 2020 for the benefit of farmers. The government announces Minimum Support Price for crops and procures the same. Apart from this to reduce the enlarging gap between minimum support price and price received by farmers, the government of Madhya Pradesh introduced Bhawantar Bhugtan Yojana in August, 2017. The study analyzed the pre and post implementation modal price and arrival comparison for black gram in Agricultural Produce Marketing Committee, Jabalpur (M.P.). The study revealed that after the implementation of scheme the modal price of black gram have reduced by 52 per cent as compared to 2016 in Madhya Pradesh indicating cartel formation by the traders. Data on arrivals indicated that the arrivals also increased for black gram in Jabalpur by 62 per cent leading to price drop due to increased arrivals. The result concludes that there is need to put floor price ceiling to avoid dropping of prices along with shift in the marketing period to avoid increased arrivals with proper checks and balances.