Kathmandu. Himalaya Nepal Agriculture Company Limited, which was established with the objective of contributing to the country’s economy through agriculture, has made a profit in the first year.

The company, which started poultry, fish farming, vegetable farming and goat farming in Singa of Beni Municipality-4 of Myagdi, has been able to make a profit in the fiscal year 2082/083.

Himalaya Nepal, which has a paid-up capital of about Rs 35 crore, is now rearing about 14,000 chickens and 80,000 fish. According to the audit report for the financial year 2082/083, the company started its business with a target of rearing about 200,000 layers and 40,000 boilers. The company has collected about Rs 12 crore as demanded and invested Rs 6 crore so far.

The first general meeting of Himalaya Nepal Agriculture Company has been held. The meeting has passed the annual progress report, audit report presented by the company’s chairman Prof. Dr. Chandika Pandit, and a pledge letter along with the strategy plan presented by the company’s Managing Director Dolendra Prasad Sharma.

The company’s chairman Prof. Chandika Pandit said that the company is working to transform subsistence agriculture into a productive, competitive and farmer-centric system. Dr. Chandika Pandit said. “The main objective of the company is to improve the production, productivity, income and market access of the farmers,” said Chairman Pandit. ’

According to Pandit, the government will protect investment, mobilize capital by utilizing the interest and create employment at the local level, develop skills and increase productive economic activities based on agriculture.

Dolendra Prasad Sharma, managing director of Himalaya Nepal Agriculture Company, said that the company is planning to sell around Rs 180 million annually in the fiscal year 2083/84.

At present, we are producing and selling agricultural and livestock products worth one lakh and fifty thousand rupees daily,” Sharma said, “We are increasing the production by commercializing the agriculture sector.” He said that despite the immense potential in the agriculture sector, there are challenges to achieve the expected results due to traditional production system, limited use of modern technology, weak relationship between production and market, inadequacy of processing and value addition, and inadequacy in agricultural products.