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
Tax arrears are coming up: The remaining amount has reached 94.95 billion
Kathmandu. In recent years, the outstanding tax arrears in Nepal have started to pile up. According to the Internal Revenue Department, by the end of the financial year 2081 and 2082, the outstanding amount including i...
Construction permission for 10 hydropower projects till mid-October
Kathmandu. The Electricity Development Department has granted construction permits to a total of 10 hydropower projects in the first quarter of the current year. The total capacity of that project is equal to 241.50 megawatts. The department has g...
3 billion 55 crores damage to agriculture and livestock sector across the country due to rain
Kathmandu. The Ministry of Agriculture and Livestock Development has said that due to the heavy rains that occurred last October, there was a loss of 3.55 billion in the fields of agriculture and animal husbandry acros...
Vehicles are running on Nagadhunga tunnel from today: Nepal is entering the tunnel age
Kathmandu. The dream of the Nepalese people for years to run vehicles in the tunnel has finally been realized. The much-awaited Nagadhunga tunnel, which was built on November 14, 2019, has been formally opened for traffic from Monday.
The sp...
What is the foreign currency exchange rate on Friday?
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 141 rupees 57 paisa and the selling rate is 142 rupees 17...
Today, NEPSE increased by a normal number, the turnover fell to 8 billion 22 million
Kathmandu. On the second trading day of the week, the NEPSE index increased by 1.53 points to 2695.73. During the day, 1.75 lakh 7776 shares of 330 companies were bought and sold, resulting in a turnover of 8.22 billion 39 lakh shares. Today, whil...