KATHMANDU: The government has decided to procure 60,000 metric tons of urea and 20,000 metric tons of DAP fertilizer from India through a government-to-government (G2G) arrangement.
A Cabinet meeting held at Singha Durbar on Monday granted in-principle approval to Agricultural Inputs Company Limited to move forward with the procurement.
In another decision, the Cabinet agreed to accept concessional financing from the World Bank, including a loan of USD 52 million and a grant of USD 5 million. The funding will be used to support industries in replacing traditional boilers with electronic boilers and to enhance air quality monitoring capacity.
Government spokesperson Sasmit Pokharel said the measures aim to promote cleaner industrial practices and improve environmental monitoring.
The Cabinet also approved a revised master plan for the Singha Durbar premises, incorporating provisions related to access to the Parliament building complex.
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