Tuesday Mar 28, 2023
Tuesday Mar 28, 2023

Development of agriculture sector prioritized in the budget

2022 May 29, 16:56, Kathmandu
Representation Image

The government is going to take forward the farmer pension scheme under the 'Government Program for Farmers' for the development and expansion of the agricultural sector.

 For the first time, the government has given special priority to the agricultural sector in the budget in line with the recognition of an agricultural country. For the first time, the government has significantly allocated budget in the agriculture sector to end the growing dependence on the agriculture sector.

 In the forthcoming budget presented by Finance Minister Janardan Sharma in today's joint sitting of the federal parliament, an arrangement has been made to fix the minimum support price of paddy, maize, wheat and milk and purchase of those crops by the food trading company.

 The government has set a target of reducing imports of paddy, maize, wheat and vegetables by 30 percent. A budget of Rs. 1 billion has been allocated for the construction of 100 food warehouses across the country and seed capital for the farmers' pension program.

 The budget aims to develop a production-based economy, alleviate poverty and maintain financial discipline. It seeks to provide transformation of agriculture sector, employment, economic development based on innovation, development of hydropower generation, revival of tourism sector, and effective governance services.


Development of agriculture sector prioritized in the budget Agricultural Sector 'Government Program for Farmers' budget Kathmandu
Nepal's First Online News Portal
Published by Nepalnews Pvt Ltd
Editor: Raju Silwal
Information Department Registration No. 1505 / 076-77


KMC-02, UttarDhoka,
Lazimpat, Nepal

+977–01–4445751 / 4445754

[email protected] [email protected]

Terms of Use Disclaimer
© NepalNews. 2021 All rights reserved. | Nepal's First News Portal