KATHMANDU, May 29: As the country faces a shortage of domestically produced food, leading to rice imports, the government has adopted a strategy to increase rice production.
Finance Minister Bishnu Paudel stated in the budget speech for the upcoming Fiscal Year (FY) 2025/25 that the government has launched programs to achieve self-reliance in rice production within two years.
A budget of Rs 330 million has been set aside to increase Chaite rice production in 22 Terai districts. The government aims to increase rice production by 1.2 million tons.