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The compensation trust fund has support from members of the House of Representatives.

Broadcast United News Desk

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Speaking at the National Assembly on the establishment and implementation of the Agriculture and Livestock Compensation Trust Fund, MPs voted in favour of the motion.
Eight councillors voted against and one councillor abstained. Bhadur Gurung’s motion will be approved at the next meeting.
Kamal Bhadur Gurung said more than 60 percent of the population live in rural areas and they face challenges of wildlife and wild animals not being received on time, and crops being destroyed by wind and hail. He said the drought has caused severe losses to crops and livestock.
There is no compensation scheme for crops and livestock, no insurance, no compensation, lack of trust funds, farmers are looking for alternatives, so it is very important to ensure that agribusinesses are secure in it,” he said.
The wildlife crisis is worsening, a problem faced by climate change over the past year, with farmers reportedly suffering serious harm from their land.
Kamal Bhadur Gurung said the compensation trust fund should be disbursed immediately and the government acknowledged that “it is there”.
Agriculture Minister Yontan Phuntshog said discussions should be properly conducted and said work to compensate victims was underway.
Previously, there was no compensation system, only for small projects, and the minister said the government provided small amounts of compensation to farmers for repairing damage caused by tigers in a pilot project between 2000 and 2003. He said he was suspended because he could not do it.
He said that after discussing the issue, farmers would be able to grow crops such as corn and potatoes, and victims would be compensated for the loss of vegetables, cattle, pigs and poultry.
In its annual compensation estimates, the ministry said that if the government and people suffer losses, 50 equivalent to 83 billion US dollars for crops and billions of dollars for livestock, it is expected to be 1.03.
The calculation is based on the annual income of farmers who grow and trade the crops, “which is done through people and prices,” he said.
“It is difficult for the government to provide 100 percent compensation,” he said, adding that if cattle agents were equal, they could make suggestions.
The Minister said that the 13th Five-Year Plan cannot be implemented immediately, which is certain.
Many lawmakers want the government to cover 70% of the compensation.
Monggar MP Gyalten Wangphyuk said our country has various agents who can play a liaison and support role.
Sgangzur Sminrje MP Lodroe Tseten said annual agricultural compensation should be included in the government budget. “This is a sustainable approach,” he said.
Energy and Natural Resources Minister Gongmo Tsering and Finance Minister Lekyi Rinpoche also discussed their participation in the 2013 World Cup.
tsheringdbang’dus

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