What's Happening?
Muktinath Agriculture Company Limited, in collaboration with the Ministry of Agriculture and Livestock Development, has concluded a workshop focused on establishing modern wholesale agricultural markets. The event, co-organized by the Federation of Nepalese Chambers of Commerce and Industry (FNCCI), aimed to promote investment in international standard markets through public-private partnerships. Bharat Raj Dhakal, Managing Director of Muktinath Agriculture Company, emphasized the need for such markets to support farmers by guaranteeing their products. Discussions included challenges and opportunities in market establishment, with contributions from various government and industry representatives. The workshop highlighted the importance of improving living standards for small farmers and the need for legislative support to facilitate market operations.
Why It's Important?
The workshop underscores the growing recognition of the need for modern agricultural markets to enhance food security and support economic development. By fostering public-private partnerships, these markets can provide farmers with better access to resources and fair pricing, potentially improving their livelihoods. The initiative aligns with broader efforts to modernize agricultural practices and infrastructure, which are crucial for sustainable development. The involvement of government and industry leaders suggests a commitment to addressing policy and operational challenges, paving the way for more efficient market systems that benefit both producers and consumers.
What's Next?
Following the workshop, stakeholders are expected to continue discussions on implementing the proposed agricultural market framework. The Ministry of Agriculture and Livestock Development is preparing to introduce an agriculture bill to the Council of Ministers, which could address production, processing, and market management issues. The FNCCI has advocated for a contract farming act to enhance market management, indicating potential legislative developments. Muktinath Agriculture Company has expressed readiness to invest significantly in market infrastructure, contingent on clear government regulations regarding land and market operations.
