September 7, 2026, Monday
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

Prachanda-Madhav in Pokhara warned by businessmen not to hold street meetings

Pokhara. Businessmen of Pokhara have protested saying that holding meetings on the streets will affect their business. Nepali Communist Party (NCP) protested at Ekta Synagogue that the Nepali Communist Party (NCP) will...

This is the foreign exchange rate

The Kathmandu. Nepal Rastra Bank has fixed the exchange rate of foreign currency for today. According to the National Bank, the buying rate of US dollar has been fixed at 152 rupees 31 paise and selling rate at 152 rupees 91 paise. The Australian...

A rise of 47.55 points in NEPSE, the most traded among hydropower companies

Kathmandu. On the first trading day of the week, NEPSE index increased by 47.55 points to 2633.42. Today, 1 crore 34 lakh 68 thousand 145 shares of 328 companies were bought and sold, and 5 billion 53 crore 13 lakh shares were traded. Today, while...

What is the exchange rate of which foreign currency on Friday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one US dollar is 144 rupees 28 paisa and the selling rate is 144 rupees 88 paisa. Similarly,...

The price of the US dollar exceeded 152 rupees, how many other currencies?

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 151 rupees 56 paisa and the selling rate is 152 rupees 16 paisa. Similarly, the...

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...