न्यूज अभियान
हरेक खबर विशेष खबर

Dhanusha, Oct 30: A total of Rs 8.99 billion concessional agricultural loans have been invested in Madhes province in a year.
A study report of the Nepal Rastra Bank reads that banks and financial institutions disbursed such amount towards agriculture loan in the fiscal year 2082/83.
Out of eight districts of Madhes Province, the highest Rs 1.2 billion or 16.54 per cent of loan under this heading was disbursed in Dhanusha and lowest in Saptari which is Rs 300 million (4.87 per cent).
There is remarkable contribution of agriculture, forest and fishery sectors in the Madhes Province's economy, added the report. It is estimated that this sector will contribute 34.97 per cent in gross domestic product of the province in fiscal year 2082/83.
Similarly, the mining and quarrying sector is estimated to have the lowest contribution (0.14 per cent) in the Madhes Province's GDP. Per capita GDP of Madhes Province is estimated at 934 US dollar during the period.
Towards agriculture production, area occupied by fruit cultivation has increased by 33.99 per cent and spice crops by 4.46 per cent in province. However, the area occupied by food and other crops has decreased by 4.47 per cent and vegetable and horticulture by 10.15 per cent, reads the report. 
Towards production, there has been an increase of 0.54 per cent in vegetables and horticulture and 4.44 per cent in fruits. Likewise, food and other crop production has decreased by 5.69 per cent and spice crops by 4.44 per cent during the period. 
There has been an increase in meat and egg production by 10.19 per cent and 3.11 per cent while dairy production has decreased by 2.67 per cent. 
Similarly, fish production has increased by 5.05 per cent and timber production and firewood production has increased by 60.58 per cent and 78.62 per cent, according to the NRB.
Significant amount of loans have also been provided in the agriculture, fish farming, and forestry sectors. By the end of Ashar 2083, banks and financial institutions in Madhes Province had provided loans of Rs 59 billion 869 million to these sectors. This accounts for 12.10 percent of the total loans disbursed in the province.
There has been a slight increase in bank and financial institution loans going to the industrial sector. In the last fiscal year, loans disbursed into the industrial sector increased by 0.68%, reaching Rs 128.97 billion. In the previous fiscal year, such loans were Rs 128 billion 90 million.
The report mentions that the production capacity utilization of the major industries included in the study is 64.59 percent on a weighted average.
Towards the real estate transactions, 116 thousand 207 units of real estate transactions were registered in the Madhes Province last fiscal year. Revenue of Rs 3.22 billion was collected from this heading.
As of the end of Ashad 2083, banks and financial institutions in Madhesh Province have increased their deposits by 17.32%, reaching RS 478 billion 370 million. During the same period, loan disbursement slightly decreased by 0.18%, remaining at Rs 494 billion 950 million.
Key projects towards infrastructure development related to this province include the Nijgadh International Airport, the East-West Railway, the Hulaki Highway, the Kathmandu-Tarai-Madhes Expressway, and the President's Chure-Tarai-Madhes Conservation Programme. Among them, the report mentions that the construction of the Hulaki Highway is progressing relatively quickly.
Meanwhile, a significant number of people from Madhesh Province have obtained labor approval for foreign employment. In the fiscal year 2082/83, a total of 179 thousand 41 people from the province received labor approval for foreign employment. This accounts for 22.60 percent of the total labor approvals nationwide.
A study by the central bank has highlighted the high contribution of the agriculture sector to Madhesh Province's economy, the state of banking loans and deposits, industrial activities, real estate transactions, and trends in foreign employment.