Question

What should be done to modernize and commercial use agriculture of Nepal?

Answer 1

PACT aims to improve the competitiveness of smallholder farmers and agribusinesses within selected commodity value chains. The project supports the value chain actors by providing competitive matching grants based on eligible proposals from private entrepreneurs, farmer groups, cooperatives, traders and exporters, for technology support, agribusiness development, post-harvest facilities and market linkages. Matching grant contribution of 25-40 percent of the total agreed amount, depending upon the nature of application, has to come from grant recipient. Several steps of screening followed by detailed field verification take place before a grant is awarded. Results targets and milestones, which have to be achieved prior to the release of each installment, are set for each sub project selected. Overall, PACT’s support to the grant recipients is primarily cash contribution, with some technical support including for ensuring environmental and safeguards compliance, supervision and monitoring, as needed.