India, Nov. 13 -- Madhya Pradesh chief minister Mohan Yadav on Thursday transferred Rs.233 crore to bank accounts of 133,000 farmers in the state for the soybean crop under the Bhavantar scheme at an event held on Thursday, the state government said in a statement.

"An amount of Rs.233 crore has been transferred to the accounts of 133,000 farmers under the Soybean Price Difference Scheme. This is proof that we have delivered what we promised. Madhya Pradesh is the first state in the country to implement the Price Difference Scheme to ensure farmers receive fair returns on their produce.," the chief minister said.

Under the scheme, the government pays the difference between the minimum support price ( Rs.5,300 per quintal) and the model ...