Billions spent, little progress: Prime Minister Agriculture Modernization Project posts dismal progress

KATHMANDU, May 21: Despite a decade-long plan and billions in subsidies, Nepal’s flagship agriculture modernization project has delivered only modest results, with funds misused and progress stalling. Backed by a Rs 130.74 billion investment, the program has fallen short on nearly every major target — from pocket areas and zones to promised jobs and food self-sufficiency as the project nears its deadline.