- Likely to affect overall agro output, economic growth
Kathmandu, December 29
Paddy output has fallen for the first time in the last three years to 5.55 million metric tonnes in the current fiscal, raising serious doubts over the government’s plan to achieve 8.5 per cent economic growth.
This primary production statistics of the cereal crop was presented at the first review meeting held today at the Ministry of Agriculture and Livestock Development and the ministry is expected to release the official paddy production data within the next few days after another review meeting to be held soon.
However, as MoALD officials themselves have acknowledged that statistics presented during the first review meetings are later inflated, the data presented today may not be the final one. Hence, the actual paddy production in 2019-20, stated to be 5.55 million metric tonnes today, could likely be inflated in the next review meeting.
“The ministry will further review the paddy production data before making it public. It is clear that not only the production target of paddy has been missed this year but the output is even less compared to the last fiscal’s production. However, the final data following the review meeting is likely to hover around last year’s production,” an anonymous source at MoALD told THT.
Read the full news article on The Himalayan Times.