Agriculture Inputs Company Limited
Nepal is an agricultural country. Agriculture is the most important sector in terms of income and employment generation Agricultural sector accounts for about 32 percent of national GDP. About 75 percent of total population derive it’s livelihood from agriculture and unallied activities. Agriculture Inputs Corporation (AIC) was established in 1965 as a public sector enterprise to procure and distribute high quality and improved agricultural inputs (fertilizers, seeds, agro-chemicals and implements) at a reasonable price across the country. Initially, AIC was named Agriculture Supply Corporation (ASC) before it was merged with the Food Management Committee under the new outfit, Agriculture Marketing Corporation (AMC). AMC dealt with both agricultural inputs and food grains for about two years. In 1974 the government decided to split AMC into AIC for the management of agricultural inputs and Nepal Food Corporation for the marketing of agricultural produce.