First Business News Portal in English from Nepal
KATHMANDU: Farmers across the country have faced a loss of paddy worth an estimated Rs 7.22 billion due to massive floods triggered by heavy rainfall last week.
As per the preliminary study carried by the Ministry of Agriculture and Livestock Development (MoALD), almost 258,092 tons of paddy production have been affected due to the flood across the country.
As per the study, Lumbini Province suffered the largest loss inflicting loss on 161,223 tons of paddy worth Rs 4.51 billion. In Kailali and Kanchanpur districts of the Sudurpaschim Province, the loss has been estimated at Rs 1.91 billion. The flood damaged 68,400 tons of paddies in the province, according to the MoALD.
Likewise, Province 1 suffered damage of around 28,469 tons of the produced cereal crop. The farmers mainly in Morang, Jhapa and Sunsari districts of the province were hit hard by the disaster. The loss of paddy in these three districts has been estimated to be around Rs 800 million.
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