The combination of a 15 per cent national deficit, a 28 per cent southern shortfall and the monsoon’s early withdrawal has turned what was once a forecast risk into a lived crisis for millions dependent on rainfed agriculture.
For marginal and small farmers who form the bulk of cooperative bank borrowers, the progressive increase in the waiver ceiling offers tangible breathing space.
Continuous heavy rainfall battering Nepal since Thursday has triggered floods and landslides that have claimed at least six lives, left five people missing and paralysed road networks in several provinces.
Police have indicated that the operation remains under review and that subsequent legal steps will rest on the findings from questioning and verification.
Continuous heavy rainfall battering Nepal since Thursday has triggered floods and landslides that have claimed at least six lives, left five people missing and paralysed road networks in several provinces.