Government institutes allowed to bring 25,000 tons of sugar for Dasain-Tihar
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.
Express
Related News
The price of gold has increased, now how much do you need to buy one tola?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by one thousand rupees. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold has remained at 285,000 rupees per tola....
New payment gateway launched by NMB Bank for Digital Nepal
Kathmandu. NMB Bank, in collaboration with Nepal Clearing House Limited, has launched a card-based online payment gateway to simplify and secure digital transactions across the country. This new service will greatly he...
The supply of cooking gas in Kathmandu Valley is becoming easy, the Corporation's request to avoid unnecessary storage
Kathmandu. Nepal Oil Corporation has made it clear that the supply of LP gas for cooking is gradually becoming easier in the market and has requested the consumers not to accumulate gas cylinders unnecessarily. The Corporation has informed that th...
Reactivated after five years, Nepal-India joint agricultural system, emphasis on trade and technology
Kathmandu. The ninth meeting of the Joint Agriculture Working Group, which was formed with the aim of giving a new impetus to the strategic cooperation in the agricultural sector between Nepal and India, has been completed in Kathmandu after five...
Seven people died during mountain climbing, difficult to bring Tiwari's body
Kathmandu. In the spring of 2026, seven climbers and guides have died while climbing mountains including Mount Everest. According to the tourism department, two of them are Indian climbers. Two Indian climbers died while returning after successful...
What is the exchange rate of which foreign currency on Tuesday?
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 148 rupees 71 paisa and the selling rate is 149 rupees 31 paisa. The buying rate...



