Kathmandu, May 29, 2017: Metro Tarkari, an agro-startup has received a grant amount worth approx. 29.5 lakh for a project from Project for Agriculture Commercialization and Trade (PACT).
The company had received the grant for carrying out its project on marketing and promotion of vegetables in online system in Nepal. Representatives from Metro Tarkari informed details about the grant organizing a Public Hearing programme on Sunday.
On the occasion, Basudev Sharma, Senior Monitoring Officer at PACT explained about the grant offering process and its monitoring. Answering the queries of attendees in the programme, Sharma explained that Metro Tarkari is one of the unique, challenging and prosperous businesses. “Metro Tarkari has been selected for the grant from PACT after fulfilling all the requirement and rigorous process,” he said.
Karun Panta, Manager at Metro Tarkari explained how the company was successful to receive the grant. As per him, Metro Tarkari had applied for a grant at PACT with a proposal and business plan a year ago (on the topic Marketing and Promotion of Vegetables in the online system in Nepal). Fulfilling all the requirements of the grant Metro Tarkari was selected and have signed MoU for the grant from PACT six months ago. As per the MoU, PACT is granting approximately 29.5 lakh rupees to Metro Tarkari which is 30% of the total project cost.
Similarly, Anil Basnet, CEO of Metro Tarkari shared about the company’s strategies for the project.
Participants from different walks of life including politicians, journalists, local people, various stakeholders, social activist, academicians, farmers, consultants have participated in the programme. They also raised the questions on effective monitoring and evaluation of project grant. An interaction programme also happened among the participants about organic vegetable farming as well.
Metro Tarkari is an online platform through which customers can order and get all their vegetables and foodstuffs requirement delivered at their doorstep. The company has been carrying out this kind of innovative business since 2012 in the Nepali market.
Project for Agriculture Commercialization and Trade (PACT) is one of the key projects implemented by the Government of Nepal (GoN), Ministry of Agricultural Development (MoAD) since 2009 with the assistance of the World Bank for expediting agricultural commercialization in Nepal.