Due to unseasonal rains, paddy production will decrease by 3 lakh metric tons

Kathmandu. Due to the damage caused to the agricultural sector due to the rains this year, it is predicted that the production of rice will decrease by five percent. According to the analysis done by the Ministry of Agriculture and Livestock Development, the production of paddy has been predicted to decrease based on the data of loss of 3 billion 55 crores in agriculture and livestock sector across the country due to rain.

Mahanand Joshi, information officer of the ministry, informed that 5.955 thousand metric tons of paddy was produced last year.

According to him, due to the effects of climate change, floods, rains, soil erosion and other disasters have caused the most damage in the agricultural sector. Since there has been an increase in rice production for the past four to five years, it was initially estimated that more than six million metric tons of rice would be produced this time. According to the ministry, it seems that it will be difficult to reach the target due to the damage

Due to the fact that the farmers could not harvest the rice in time and could not collect the harvested rice during the time of ripening of rice due to the rains, the concerned farmers suffered huge losses. It is predicted that the rice production will also decrease due to the damage caused to the rice crop by the rain and all the rice that has been cut and stored in the field has rotted.

Express

Related News

NEPSE decreased by 13 points, turnover exceeded 5 billion!

Kathmandu. On the fourth trading day of the week, the NEPSE index fell by 13.35 points to 2635.94 points. Today, when 1.6 million shares of 323 companies were bought and sold, the total turnover reached 5.17 billion rupees.

In trading, the s...

What is the exchange rate of which foreign currency on Sunday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for Sunday. According to the determined exchange rate, the buying rate of one US dollar is 147 rupees 64 paisa and the selling rate is 148 rupees 24 paisa. Similarly...

NEPSE closed with an increase in normal numbers, turnover of 3 billion 49 crores

Kathmandu. On the last trading day of the week, the NEPSE index increased by 1.13 points to 2545.73. During the day, 76 lakh 5 thousand 584 shares of 329 companies were bought and sold, with a turnover of 3.49 bi...

Question to the Minister of Finance: What source of income did you see and are you going to increase the salary of the employees?

Rusha Thapa

Kathmandu. More than five years have passed since cooperatives, microfinance, and finance collapsed. Now the crisis has started to appear in the bank as well. It has been the same time that the country has been in economic recess...

Citizens Super 30 Mutual Fund will give a cash return of 5.25%, when will the book close?

Kathmandu. Citizens Super 30 Mutual Fund, operated under Citizens Mutual Fund, is going to give 5.25 percent cash return to the unit holders for the financial year 2082 and 83.

The unit owner registration book will be closed for one day on O...

Today, the price of gold increased by 5 thousand 200 rupees, how much for silver?

Kathmandu. The price of gold and silver has increased in the Nepali market on Tuesday. Today, the price of gold has increased by 5 thousand 200 rupees per tola. According to the Federation of Nepal Gold and Silver Deal...