After a rich paddy harvest in Nepal, the country is all set to create a new record for wheat harvest.
The Himalayan nation’s wheat harvest is likely to exceed 2 million tons this fiscal year as a result of good weather during winter, said a senior government official.
The all-time high wheat harvest comes in succession to a bountiful paddy harvest last summer.
According to Nepal Agriculture Ministry Chief Statistician Krishna Regmi, this year’s harvest is expected to record a 7 percent increase as a result of good winter rainfall.
The wheat bounty is likely to increase farmer incomes, reduce Nepal’s import bill and cool down inflation.
Moreover, it will further propel the government’s targeted growth rate of 8 percent as Nepal is primarily dependent on farming. The Nepal Government will soon announce crop production estimates for 2018-19.