• National
  • Politics
  • Valley
  • Opinion
  • Money
  • Sports
  • Culture & Lifestyle

  • National
    • Madhesh Province
    • Lumbini Province
    • Bagmati Province
    • National Security
    • Koshi Province
    • Gandaki Province
    • Karnali Province
    • Sudurpaschim Province
  • Politics
  • Valley
    • Kathmandu
    • Lalitpur
    • Bhaktapur
  • Opinion
    • Columns
    • As it is
    • Letters
    • Editorial
    • Cartoon
  • Money
  • Sports
    • Cricket
    • Football
    • International Sports
  • Culture & Lifestyle
    • Arts
    • Brunch with the Post
    • Movies
    • Life & Style
    • Theater
    • Entertainment
    • Books
    • Fashion
  • Health
  • Food
    • Recipes
  • Travel
  • Investigations
  • Climate & Environment
  • World
  • Science & Technology
  • Interviews
  • Visual Stories
  • Crosswords & Sudoku
  • Horoscope
  • Forex
  • Corrections
  • Letters to the Editor
  • Today's ePaper
Friday, May 9, 2025

Without Fear or FavourUNWIND IN STYLE

30.12°C Kathmandu
Air Quality in Kathmandu: 87
300+Hazardous
0-50Good
51-100Moderate
101-150Unhealty for Sensitive Groups
151-200Unhealthy
201-300Very Unhealthy
Fri, May 9, 2025
30.12°C Kathmandu
Air Quality in Kathmandu: 87
  • What's News :

  • Nepal urges for peace
  • Pro-monarchy forces unite
  • Dry port construction begins
  • Blackbuck boom poses problems
  • NCD screening plans

Money

ADB extends $70 million to improve horticulture in Nepal’s hill areas

Financing comprises of a $60 million concessional loan from ordinary capital resources and a $10 million grant. ADB extends $70 million to improve horticulture in Nepal’s hill areas
The project will also enable farmers to market their produce by preparing a business plan collectively, and promoting cooperatives and marketing associations to aggregate horticulture products and manage their quality.  PHOTO COURTESY: ASIAN DEVELOPMENT BANK
bookmark
  • facebook
  • twitter
  • Whatsapp
  • mail
Post Report
Published at : September 15, 2022
Updated at : September 16, 2022 09:04
Kathmandu

The Asian Development Bank (ADB) has approved $70 million of financing to improve the livelihood and climate resilience of horticulture farmers in the hilly areas of five provinces in Nepal.

As a part of ADB’s overall efforts to address potential risks of food insecurity, the project will boost the productivity of 30,000 farmer households in Bagmati, Gandaki, Karnali, Province 1, and Sudurpaschchim, mainly through the development of around 10,000 hectares of climate-resilient fruit and nut orchard, the bank said in a statement.

Partial grants will be provided to farmer groups and cooperatives to shoulder investment costs, while a credit guarantee fund will be established for farmers who lack collateral to access formal rural finance.

The beneficiaries, represented by at least 30 percent women and 20 percent from disadvantaged groups, will be trained in climate change adaptation practices, including soil management, crop husbandry, and drip irrigation, among others.

Fruit and nut demand in Nepal is increasing due to urbanisation, rising national wealth, improved knowledge of nutrition, and tourism, but horticulture productivity has been declining.

A growing portion of cultivated land in hilly areas has been abandoned from farming as people are shifting to other employment and relying on remittances from abroad. The high climate vulnerability in lower hills and mid mountains also reduces farmers’ livelihood options.

“ADB’s loan will support the government’s push to revive horticulture farming in hilly areas of Nepal, highlighted in its declaration of 2016–2026 as the ‘Fruit Decade’,” said ADB Senior Natural Resources and Agriculture Specialist for South Asia Sunae Kim.

“Aside from filling the gap between domestic supply and demand, higher profits expected from commercial fruit and nut farming could also help retain the younger population in the agriculture sector and offer income opportunities for women who are heading households after male outmigration.”

The project will also enable farmers to market their produce by preparing a business plan collectively, and promoting cooperatives and marketing associations to aggregate horticulture products and manage their quality.

Other interventions include training cooperatives and associations in food safety control systems, financial management, marketing, entrepreneurship and female leadership; supporting the preparation of contracts between cooperatives and buyers; and upgrading value chain infrastructure, such as traceability systems, commodity storage and collection centres, and orchard predator fencing.

To ensure quality planting materials, the project will improve the institutional capacity for nursery and horticulture sector management.

ADB’s financing comprises a $60 million concessional loan from ordinary capital resources and a $10 million grant from the Asian Development Fund.

The Nepal government will contribute about $14.5 million to the project. The bank will also administer a $9 million grant from the Global Agriculture and Food Security Programme.

The grant will support another 10,000 smallholder farmers, with less than 0.2 hectares and unable to invest in commercial orchard development, in producing irrigated vegetables during the dry season and nutritious food crops during the wet season.


Related News

Tree cutting begins for Dodhara Chandani dry port construction
NEPSE this week
Ncell launches first ‘Shop-in-Shop’ in Bhairahawa
European investors explore business opportunities in Nepal
NEPSE slips 12 points after two-day rally
Nepal renews push to revive long-defunct factories amid fiscal concerns

Most Read from Money

Everest to no longer be anybody’s climb
His last mountain: Alexander Pancoe dies on Makalu
Banned pesticide found in broccoli, long yard beans, and bitter gourd
Investors, hoteliers left waiting as flights vanish from Bhairahawa airport
The future is digital and green

Editor's Picks

Spotlight or sideline? Nepali sport’s social media dilemma
Deported by US, denied by Bhutan
National flag caught in politics. Experts call for clearer rules
Everest to no longer be anybody’s climb
Three generations devoted to care of Central Zoo animals

E-PAPER | May 09, 2025

  • Read ePaper Online
×
ABOUT US
  • About the Post
  • Masthead
  • Editorial Standards & Integrity
  • Workplace Harassment Policy
  • Privacy Policy
READ US
  • Home Delivery
  • ePaper
CONTACT US
  • Write for the Post
  • Letters to the Editor
  • Advertise in the Post
  • Work for the Post
  • Send us a tip
INTERACT WITH US
  • Twitter
  • Facebook
  • Instagram
OUR SISTER PUBLICATIONS
  • eKantipur
  • saptahik
  • Nepal
  • Nari
  • Radio Kantipur
  • Kantipur TV
© 2025 www.kathmandupost.com
  • Privacy Policy
Top