Sugarcane farmers protest in Kathmandu as government halves subsidy
Summary
Sugarcane farmers from various districts are protesting in Kathmandu demanding the government restore the subsidy to Rs70 per quintal, which was halved to Rs35 amid treasury pressures.
Key Points
- Sugarcane farmers in Kathmandu are protesting because the government halved the subsidy from Rs70 to Rs35 per quintal.
- Farmers say the subsidy barely covers production costs and helps them repay loans taken for farming.
- The agriculture ministry wanted to continue the full subsidy but finance and prime minister's offices rejected it due to budget constraints.
- Farmers warned of highway blockades and ongoing protests if demands are not met by August 30.
