Kathmandu, June 16: The government is set to import fertilizers from India under government-to-government (G2G) modality.
A recently held cabinet meeting approved the proposal of the Ministry of Agriculture and Livestock Development to buy Indian fertilizers under such modality.
It is expected that the smooth supply of fertilizers from India will help ward off the possible shortage of different types of such agro-inputs in any season.
Last year, Nepal had forwarded a proposal to India expressing willingness to purchase 935,000 tonnes of fertilizers over the next five fiscal years.
As per the plan, the government will import 150,000 tonnes of fertilizers from India in the current fiscal year, 170,000 tonnes in fiscal 2019-20, 195,000 tonnes in fiscal 2020-21 and 210,000 tonnes each in 2021-22 and 2022-23 fiscal years.
Of the total amount of fertilizers being purchased from India over the next five fiscal years, 565,000 tonnes will be urea and 370,000 tonnes diammonium phosphate (DAP).
