Kathmandu: Asian Development Bank (ADB) has said that it would help Nepal in commercialising agriculture in the Eastern Development Region by providing $18 million grant to help expand economic opportunities for the rural poor. According to a press statement of the bank, the project will bring together key stakeholders such as farmers, traders and processors to work together towards improving the efficiency of production, marketing and processing of high-value crops, such as vegetables, fruits, tea and spices. Those value crops, with growing market demand and higher levels of return per hectare, can help improve incomes for small landholders, who are producing cereals with relatively low returns. Marketing of high-value crops, however, is constrained by weak links to markets, poor market infrastructure, and limited knowledge on the part of farmers.
Published: 12:00 am Nov 25, 2006