Kathmandu, Mar. 25
Finance Secretary Madhu Kumar Marasini has
said that agriculture would be top priority sector in the budget for the
upcoming fiscal year 2022/23.
"The Finance Ministry has begun the
preparations for the next budget. It is unfortunate that the country with 61
per cent people's involvement in agriculture imports agriculture produces worth
billions of rupees while youth migrate to other countries in search of
jobs," he said while speaking at the national dialogue on financial access
in agriculture organised at the Agriculture Credit Fair which is ongoing in
Bharatpur of Chitwan district.
The fair is a part of the fifth National
Agricultural Mechanisation Exhibition 2022.
Marasini said that the government is ready to
create favourable environment for agricultural development. According to him,
government's duty is to create favourable environment while the private sector,
banks and farmers need to work to develop the sector.
Government is committed to creating better
policies, he said and indicated that farmers lack financial literacy. Many of
them couldn't obtain the concessional loan facility due to the lack of
financial literacy, said Marasini.
Former Minister Ganesh Shah said that it is
necessary to connect water, energy and food procession. "Farmers should be
taught about the marketing strategies not only production techniques. They need
education and awareness about the financial facility as well," he said.
Chairman of Nabil Bank Upendra Poudel urged to
find out the activities that have high potential to support farmers and
farming.
Published in The Rising Nepal dialy on 26 March 2022.
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