Agriculture Department Begins Study to Determine Wheat Support Price

Kathmandu. The Department of Agriculture has initiated the necessary study to fix the support price for wheat. The department has started on-site studies in ten different districts to ensure fair prices for farmers. The department stated that the minimum support price will be determined based on the cost of production after analyzing the expenses incurred in wheat production, including seeds, fertilizer, labor, inflation, and market prices during the study.

The Director General of the department, Prakash Sanjel, informed that the scientific price determined after the department's team conducts the on-site study will be recommended to the Ministry of Agriculture and Livestock Development. The department has stated that after the recommendation, the concerned ministry will coordinate with the Ministry of Industry, Commerce and Supplies for further discussion on the determined price.

He stated that the Ministry of Agriculture and Livestock Development's price recommendation, which incorporates production costs and other relevant bases, will be presented as a proposal to the Cabinet by the Ministry of Industry, Commerce and Supplies.

The price will be fixed by the Cabinet meeting after completing the entire process. Director General Sanjel informed that this officially determined price will be publicly announced. He also mentioned that wheat will be purchased through the Food Management and Trading Company Limited at the price set by the government, and it is estimated that 2.2 million metric tons of wheat will be produced this year.