Nepal's Agricultural Sector Growth Halves Amidst Unseasonal Rainfall
Nepal's agricultural sector is projected to grow by only 1.58% in the current fiscal year, a significant decrease from the previous year's 3.05% growth, according to the government's Economic Survey. This slowdown is attributed to unseasonal rainfall impacting cereal production, despite expected increases in other crop categories. The agricultural sector's contribution to GDP is estimated at 24%.