Madhesh Province Receives Rs 8.99 Billion in Agricultural Loans
Concessional agricultural loans worth Rs 8.99 billion have been provided in Madhesh Province over one year to support farmers and agricultural businesses.
JANAKPURDHAM: Madhesh Province has received concessional agricultural loans worth Rs 8.99 billion over the past year, according to a report published by The Rising Nepal.
The financing is intended to support agricultural activities and provide farmers with better access to loans for farming and related businesses.
Agriculture remains one of the main sources of livelihood across Madhesh Province, where many households depend on crop production and livestock farming.
Access to affordable credit can help farmers purchase seeds, fertilisers, machinery and other agricultural materials.
It can also support investment in irrigation systems, storage facilities and commercial farming activities.
However, the effectiveness of these loans will depend on whether farmers can access the financing easily and use it productively.
The latest figure highlights the importance of agricultural financing in a province where farming continues to play a major role in the local economy.