September 11, 2026, Friday
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

What is the foreign exchange rate on Saturday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. Fixed exchange rate The buying rate of one US dollar is 148 rupees 07 paisa and the selling rate is 148 rupees 67 paisa. Similarly, the buying rate of the...

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...

Prime Minister's directive to facilitate payment of dedicated trunkline tariffs

Kathmandu. The Prime Minister's Office has instructed the Ministry of Energy and the Nepal Electricity Authority to facilitate the payment of fees for the dedicated trunk line. The Prime Minister's Office has sent a le...

The price of gold and silver in the Nepalese market fell sharply, gold decreased by 8,200 tolas

Kathmandu. In the Nepalese gold and silver market, the price of both gold and silver has fallen significantly on Sunday. According to the information released by the Nepal Gold and Silver Traders Federation, on the first trading day of the week, t...

Foreign Currency Exchange Rate: Selling rate of US dollar remained at 152 rupees 94 paise

Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the latest information published by the Central Bank, the buying rate of one US dollar, which is becoming stronger in the internatio...

Parliamentary committee directive to government to implement tracking system on gas cylinders

Kathmandu. The Committee on Industry and Commerce and Labor and Consumer Affairs of the House of Representatives has instructed the government to use modern technology and implement an effective tracking system for the consumption, management and...