A large number of villagers bid a tearful adieu to Sonkar (42) who hailed from Gangteera village under Tyonthar block in Rewa district.
His son lit the funeral pyre while a customary salute was given by the armed forces.
Sonkar's body was brought to Rewa yesterday in a helicopter from where it was taken to his ancestral village Gangteera for the last rites.
In addition, the state government has offered a job to Sonkar's wife and has also announced to install his statue.
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"While expressing grief over the demise of the CRPF jawan, Chief Minister Shivraj Singh Chouhan has announced to provide Rs 25 lakh to the family members as 'Samman Nidhi', besides a plot or a flat to his family," a Public Relation department official said.
"If the wife of the martyr so desires, she will be given a government job. Besides, a statue of the martyr will be installed in Rewa district or at the spot where his family wishes," according to the official.