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Agriculture | Nepali Economy
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Tag Archives: Agriculture

UN rejects allegation of distributing substandard food in Nepal

The UN today rejected media reports that World Food Programme (WFP) has distributed substandard food to the survivors of devastating earthquake on April 25 and subsequent aftershocks. “It is totally wrong and nonsense to make allegations by the local media

Probe ponel reveals WFP supplied damaged rice

A parliamentary investigation concluded that rice supplied by the United Nations World Food Programme (WFP) – to earthquake victims in Larpak of Gorkha district – was substandard. The WFP officials had distributed substandard rice to the earthquake victims in Gorkha

WFP does it again, distributes rotten rice in Gorkha

The UN food agency does it again, this time in earthquake-worst hit district of Gorkha. It has distributed rotten rice to the locals putting their health at risk. The rice distributed to earthquake survivors by the World Food Programme (WFP)

Some 32 districts face food deficit

Two more districts have been added in the list of food deficit districts – thanks to drop in cereal output also due to devastating earthquake on April 25 that destroyed food – however the country will witness food surplus of

Country needs Rs 666 billion for reconstruction

The country needs more than the current fiscal year’s budget to reconstruct the damaged infrastructure by the devastating earthquake of 7.8-magnitude on April 25. The preliminary report of Post Disaster Needs Assessment (PDNA) has estimated some Rs 666.31 billion ($6,663.1

Finance Minister asks farmers to benefit from agri-loan

Finance Minister Dr Ram Sharan Mahat today urged farmers to take benefit from government’s subsidised loan facility at six per cent. He had – in the budget – announced subsidised interest rate on loans for youths to encourage them in

Parliamentary committee questions donors’ commitment to farm sector

A parliamentary committee has asked to appear donors to clarify their commitment to Nepal’s agriculture policy. Agriculture and Water Resources Committee today has decided to seek donors’ explanation in draft Agriculture Development Strategy (ADS). The draft 20-year agriculture development vision

Nimbus plans to strengthen soybean value chain

Nepal has imported Rs 10.90 billion worth soybean oil in the last fiscal year. Import of soybean oil has been increasing at the rate of 15 per cent to 20 per cent every year, according to the traders. The rising

Low agricultural output to bring economic growth rate down : ADB

Lower agriculture production – due to subnormal monsoon season, and also flood – is expected to bring the economic growth down. “The possibility of lower agricultural output is is most likely to pull down GDP growth rate forcing the consumer

Parliamentary committee seeks resource mobilisation capacity to achieve farm strategy target

The parliamentary Agriculture and Water Resources Committee today decided to ask the government rationale behind commitment and resources to meet ambitious target of the draft Agriculture Development Strategy (ADS). The strategy that has envisioned an ambitious growth pattern in output

Government plans feasibility study for chemical fertilizer plant

The government plans feasibility study to establish a chemical fertilizer plant in Nepal. Investment Board of Nepal is inviting Expression of Interest from interested national and international parties to conduct feasibility study to establish $1 billion ammonia and urea fertilizer

Natural calamity damages 35,804 hectares paddy

Natural calamities this year damaged standing paddy and vegetables on 35,804.1 hectares in 17 districts. The flood damaged crops in Bardiya, Banke, Dang, Kanchanpur, Siraha and Rautahat that are considered the bread basket, according to spokesperson of Ministry of Agricultural

FNCCI take on certificate of origin dispute of betel nuts

Federation of Nepalese Chambers of Commerce and Industry (FNCCI) today clarified that it will issue certificate of origin to exporters recommended by only two organisations of betel nut producers. The Certificates of Origin has not been extended on recommendation of

Chaudhary asks Israelis to invest in Nepali agriculture sector

President of Chaudhary Group Binod Chaudhary pledged Israeli investors to invest in agriculture sector of Nepal. During an interaction with ambassador of Israel Yaron Mayer at Chaudhary Group’s head office in Sanepa today, he also asked Isreal to assist technically

Israeli envoy interacts with youth farmers, asks to increase productivity

Nepal should engage more youth to boost agriculture productivity, according to newly appointed ambassador of Israel to Nepal Yaron Mayor. Addressing an orientation programme organised for students, who are heading for Israel for agriculture training today, he said that the

IFC, GAFSP to invest $3.8m in Probiotech

Private sector lending arm of World Bank Group International Finance Corporation (IFC) and private sector window of Global Agriculture and Food Security Programme (GAFSP) are investing $3.8 million in Probiotech Industries to enhance poultry farm productivity and boost incomes in

Paddy output to fall 18 per cent due to natural disasters

Paddy output is likely to drop at least by 18 per cent due to landslide and floods, according to the Department of Agriculture. The drop in paddy output – one of the major contributor to the agriculture sector that has

Nepal may see 10 per cent GDP loss from glacier melts, climate extremes: ADB report

Climate change-driven events like melting glaciers pose a grave risk to Nepal’s economy, and could cause losses equal to almost 10 per cent of the country’s annual gross domestic product (GDP) by 2100, according to a new Asian Development Bank