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Fri, April 19, 2024

Production-based subsidy system in the offing: PM Dahal

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KATHMANDU: Prime Minister Pushpa Kamal Dahal has said the production-based subsidy system will be implemented soon.

In his address to the nation on the occasion of the completion of a year of the incumbent government on Tuesday, he said the state investment has not dropped in agriculture but productivity has not increased. "Subsidy and fertiliser distribution will be made based on classification of farmers from next fiscal year to reach out to the real farmers with subsidised agro loan," he said.

Sharing that the production-based subsidy system will be implemented in the key foods and vegetables, PM Dahal pledged to make due payment to the milk farmers by the end of coming April. "But, such reform will not be sufficient for a leap forward in the agro sector", the prime minister admitted. He further informed that 401,000 metric tonnes of chemical fertilisers were ensured for the farmers on time.

On the occasion, he shared that an irrigation facility was provided to an additional 21,168 hectares of land through surface and underground projects in the period.

As many as 296 dip tube wells and 3,244 shallow tube well irrigation systems were installed, PM Dahal claimed.

The government has prepared to declare (2081-91) as the decade of investment in agriculture to spur investment in the agriculture sector from governments, private, development partners and cooperatives for the transformation of the agro sector in Nepal.

"Construction of integrated agriculture and livestock centres with 30 labs will be completed by mid-July 2024", he said, adding, "Measures will be introduced to reduce the effects of rising import and climate change".

He expressed the commitment to initiate a canal development system for agricultural productivity.

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MARCH 2024

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