Government institutes allowed to bring 25,000 tons of sugar for Dasain-Tihar
-
Media Baaji
- Fri, 4 September 2026
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.
Related News
Circuit in the share price of two companies, other investors of these companies are rich!
Kathmandu. On the second day of the trading week, the NEPSE index decreased by 5.30 points to 2594.27. On this day, while the share price of 187 companies decreased, 78 companies increased.
Today, the share price of Best Paints Industries an...
With a double-digit decline in the NEPSE, all sub-sectors declined except for hotels and tourism
Kathmandu. On Tuesday, the second trading day of the week, the stock market also fell. The NEPSE index, which closed down on Monday, continued the same trend on this day as well and dropped by 17.91 points to 2807.31 points. Along with the NEPSE i...
The price of gold exceeded 3 lakh, how much is the tola?
Kathmandu. The price of gold in the Nepali market has exceeded 3 lakh per tola. The Federation of Nepal Gold and Silver Traders has fixed the price of gold at Rs 3 lakh 1 thousand 400 per tola on Friday. This is a record price.
Today, the pr...
The value of the American dollar, pound and dinar increased, the Australian dollar and the euro decreased!
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for today. Today, the exchange rate of foreign currencies including the US dollar, pound, Kuwaiti dinar and Bahraini dinar increased. However, the value of some cu...
Foreign Exchange Rates for Sunday
Kathmandu — Nepal Rastra Bank has determined the foreign exchange rates for today.
According to the central bank, the buying rate for one US dollar has been set at Rs. 152.59, while the selling rate is Rs. 153.19. The buying rate for one Aus...
After the Rasuwagadhi crossing was blocked due to flood, the journey of passengers started from Tatopani and Hilsa
Kathmandu. Due to the severe flood that occurred on 10th Bhadra last year, after the damage to the infrastructure including the immigration office at Rasuwagadhi crossing, Tatopani and Hilsa crossings have been used as alternative routes for passe...