Nepal Government Reduces Agricultural Budget Despite Increased Fertilizer Allocation

Kathmandu. Farmers are disappointed, saying the Nepali government's budget for the upcoming fiscal year 2083/84 has neglected the agricultural sector. The government has significantly cut the total budget for agriculture and livestock for the next year.

While 57.48 billion rupees were allocated in the current fiscal year 2082/83, only 46.92 billion rupees have been set aside for the next year. Although Finance Minister Dr. Swarnim Wagle proposed the highest budget ever for chemical fertilizers while presenting the budget for the upcoming fiscal year 2083/84, the total budget for the agricultural sector has decreased by 10.5 billion rupees.