Sudurpaschim provincial govt decides to provide interest-free loan to farmers

Published On: June 18, 2023 09:15 AM NPT By: Republica  | @RepublicaNepal


Sudurpaschim provincial govt decides to provide interest-free loan to farmers

SUDURPASCHIM, June 18: Sudurpaschim provincial government has announced to provide interest-free loans to the farmers to promote commercial farming.

In the provincial government's budget for the upcoming fiscal year released on Friday, the provincial government has announced to provide interest-free loans by bringing about reforms in the agricultural grants and properly utilizing such grants.

The provincial government has allocated Rs 40 million to provide such a loan. The Province Agriculture Promotion Fund will extend such loans to farmers. 

The province has also planned to become self-reliant on legumes, spices and fruits within five years. Likewise, agriculture ambulance service will be run in partnership with other stakeholders for the market promotion of agricultural goods.

(RSS)

Leave A Comment

Just In