October 22, 2026, Thursday
English

Government institutes allowed to bring 25,000 tons of sugar for Dasain-Tihar

Main News Image

Kathmandu. The government has given permission to Salt Trading Corporation and Food Arrangements and Trade Company Limited to import 25,000 tonnes of sugar targeting Dasain-Tihar. The cabinet meeting held on Thursday allowed both the institutes to import sugar at 1 percent customs duty. Currently, 15 percent customs duty is being levied on sugar.

Keeping in mind that the demand for sugar will increase during the festive season and the price may rise in the market, the government has given customs concessions on imports. Imported sugar will be distributed in the market during Dasain-Tihar. The government is preparing to control the market price by selling sugar at subsidized prices.

Currently, there is only about 1,400 tons of sugar in the warehouses of Salt Trading across the country. In order to ensure supply according to demand, the process of purchasing 15,000 tons of sugar from the domestic industry along with imports has been initiated.

Out of the sugar that will be purchased from the domestic industry, Salt Trading has prepared to purchase 12,000 tons and Food Management and Trading Company has prepared to purchase 3,000 tons. This sugar will also be sent to the market for Dasain-Tihar.

mediabaaji add

Related News

The price of the US dollar exceeded 152 rupees, how many other currencies?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 151 rupees 56 paisa and the selling rate is 152 rupees 16 paisa. Similarly, the...

NEPSE fell by 12.58 points, trading fell to 8 billion 63 crores

Kathmandu. On the third trading day of the week, NEPSE index decreased by 12.58 points and remained at the point of 2683.15. During the day, 187.03 thousand 183 shares of 322 companies were bought and sold, and 8.63 billion 1.5 million shares were...

Fuel supply from Tribhuvan Rajpath after the road was washed away in Krishnabhir

Kathmandu. After the road was blocked in the Krishnabhir section of Dhading under the Prithvi Highway, Nepal Oil Corporation is continuing to supply petroleum products and LP gas to Kathmandu Valley and surrounding areas through the alternative ro...

The price of the American and Australian dollar fell, the price of the euro, pound and dinar also fell at a high rate!

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for today. Today, the exchange rates of all foreign currencies, including the US dollar, Australian dollar, Euro, pound, Kuwaiti and Bahraini dinars, have fallen a...

Here are the foreign currency exchange rates for today

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the National Bank, the buying rate of one US dollar is 151 rupees 62 paisa and the selling rate is 152 rupees 22 paisa. Similarly, the buying...

In the semi-annual review, the income-expenditure of the government is weak, the capital expenditure is limited to 12 percent

Kathmandu. In the half-yearly review of the current financial year 2082 and 83, both the income and expenditure of the government are seen to be weak. According to the Comptroller General's Office, the central government's income has been limited...