Government Proposes NPR 51.14 Billion Budget for Agriculture Sector in FY 2083/84

Kathmandu. The budget for the agriculture sector in the upcoming fiscal year 2083/84 is being closely watched. According to the proposal prepared by the Agriculture Department of the Ministry of Agriculture, Forest and Environment, the main focus of the agriculture budget for the coming year will be on increasing production and productivity, modernization of commercial farming, and subsidies provided to farmers.

According to the data received, a total ceiling of NPR 51 billion 149.3 million has been proposed for the agriculture budget for the upcoming fiscal year. This ceiling is approximately NPR 4 billion 761.3 million less than the allocated budget of NPR 57 billion 471.4 million for the current fiscal year 2082/83. Despite a slight reduction in the budget size, the ministry aims to make the available resources production-oriented and farmer-centric.