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.
Express
Related News
The tea industry will be closed due to Indian barriers!
Elam. The tea industry in Suryodaya region of Elam is going to be closed after India tightens the Nepalese tea market. Suryodaya Orthodox Tea Producers Association Nepal, to which Tripanna Industry is affiliated, has announced the closure of the i...
Himali Hydro Fund convened a general meeting to pass the IPO proposal
Kathmandu. Himali Hydro Fund Limited is going to issue an IPO. The company has called the fourth general meeting to pass the IPO issue proposal. The meeting of the company will start from 10 am at the registered office of the company in Kathmandu...
The US dollar rose as the Australian dollar, euro and pound continued to fall in value
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for today. Foreign currencies including the US dollar, Kuwaiti and Bahraini dinars rose today. However, the exchange rate of some foreign currencies, including the...
What is the exchange rate of which foreign currency for Tuesday?
Kathmandu. Nepal Rastra Bank has determined the foreign currency exchange rate for Tuesday. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 142 rupees 48 paisa and the selling rate is 143...
The corporation claims that 25 bullets are being imported more than the demand for cooking gas
Kathmandu. Nepal Oil Corporation Executive Director Chandika Prasad Bhatt clarified that there is no shortage of cooking gas in the market. He said that the rumor that there is going to be shortage of gas in recent times is baseless and asked the...
A decline of 4.98 points in NEPSE, the turnover decreased by 3 billion 77 crores
Kathmandu. On the fourth trading day of the week, the NEPSE index decreased by 4.98 points to 2561.08. During the day, 83 lakh 88 thousand 373 shares of 338 companies were bought and sold. Today, while the share price...