Agriculture Department Begins Study to Set Support Price for Chaitra Paddy

The Department of Agriculture, under the Ministry of Agriculture and Livestock Development, has started a study to determine the support price for Chaitra paddy. The department has initiated on-site studies in 25 different districts to ensure fair pricing for farmers.

During the study, the department stated that the minimum support price will be determined based on production costs by analyzing the expenses incurred in paddy production, including seeds, fertilizer, labor, inflation, and market prices. Prakash Sanjel, Director General of the Department, informed that after the department's team conducts the on-site study, the determined scientific price will be recommended to the Ministry of Agriculture and Livestock Development.

He expressed confidence that the on-site study process will help ensure the correct price for paddy produced by farmers. Director General Sanjel of the Department mentioned that the ministry will propose a price per quintal incorporating production costs, transportation expenses, market prices, and other relevant bases.

"That proposal will be presented to the Council of Ministers. After the decision is made by the Council of Ministers, it will be made public. Based on that, the moisture standard for the paddy will also be evaluated," said Prakash Sanjel, Director General of the Department.

He stated that the set price will be applicable if the paddy has up to 18 percent moisture, and if the moisture exceeds 18 percent, the rule of reducing weight will be applied. According to him, after the entire process is complete, the Council of Ministers will set the price. Director General Sanjel of the Department informed that the price set in this manner will be officially published.

It was stated that the paddy will be purchased through the Food Management and Trading Company Limited at the price set by the government. The government had set a support price of NPR 2,800 per quintal last year.

This specific news has been automatically translated by AI. As a result, there may be some inaccuracies or language errors.

Related Articles

Finance Minister Dr. Swarnim Wagle Presents Bill to Amend and Repeal Certain Nepal Laws Related to Finance, 2083 in House of Representatives

Finance Minister Dr. Swarnim Wagle Presents Bill to Amend and Repeal Certain Nepal Laws Related to Finance, 2083 in House of Representatives

Kathmandu. Finance Minister Dr. Swarnim Wagle has presented the 'Bill to Amend and Repeal Certain...
Finance Minister Appoints Program Director to National Commercial Bank Board

Finance Minister Appoints Program Director to National Commercial Bank Board

Kathmandu. Finance Minister Swarnim Wagle has appointed the program director of his own organization as...
Infrastructure Minister Sunil Lamsal Outlines Legal and Structural Reforms for Road Safety

Infrastructure Minister Sunil Lamsal Outlines Legal and Structural Reforms for Road Safety

Kathmandu. Infrastructure Development Minister Sunil Lamsal has stated that the government has initiated the process...
Opposition Lawmaker Claims Nepal's Health Insurance Program is a Complete Failure

Opposition Lawmaker Claims Nepal's Health Insurance Program is a Complete Failure

Kathmandu. Opposition party Nepali Communist Party lawmaker Parshuram Tamang has claimed that Nepal's health insurance...
Narendra Bahadur Kerung Questions Insurance Sector Statistics and Credibility

Narendra Bahadur Kerung Questions Insurance Sector Statistics and Credibility

Kathmandu. Nepali Congress MP Narendra Bahadur Kerung has raised questions about the latest statistics and...
MP Bidushi Rana Questions Insurance Sector Issues and Regulator's Capacity

MP Bidushi Rana Questions Insurance Sector Issues and Regulator's Capacity

Kathmandu. National Independent Party (Rastriya Swatantra Party) MP Bidushi Rana has raised questions about the...
Rastriya Swatantra Party MP Lima Adhikari Questions Insurance Sector Irregularities and Regulatory Authority's Capacity

Rastriya Swatantra Party MP Lima Adhikari Questions Insurance Sector Irregularities and Regulatory Authority's Capacity

Kathmandu. Rastriya Swatantra Party MP Lima Adhikari has raised questions about the irregularities rampant in...
MP Kandell Raises Concerns on Insurance Sector Issues

MP Kandell Raises Concerns on Insurance Sector Issues

Kathmandu. Opposition party CPN (UML) lawmaker Pushparaj Kandell has drawn the attention of the government...