Nepal Government Prioritizes Agriculture Reforms to Boost Economic Growth
The government of Nepal, led by Prime Minister Balendra Shah, has announced a comprehensive reform plan aimed at revitalizing the agriculture sector, which is crucial for the livelihood of over 60% of the population. Despite its importance, agriculture's contribution to the national GDP has declined to around 24%, highlighting the need for policy intervention and investment. The '100-Point Governance Reform Action Plan' includes measures to protect farmers, strengthen agricultural markets, and address land management issues. Key initiatives include setting a minimum support price for major food crops, establishing a National Agricultural Market Information System, and implementing the 'One Municipality, One Cold Storage Centre' scheme. These efforts aim to address structural challenges such as limited irrigation, labor shortages, and poor market access, compounded by climate change impacts. 
