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
Samling Power appoints SBI Merchant Banking as sales manager for rights issue
Kathmandu. Samling Power Company is going to issue rights shares. The company has appointed Nepal SBI Merchant Banking as the rightful share manager. The company has appointed SBI Merchant Banking as sales manager on 21st January.
The compan...
Bhujung Hydropower will issue an IPO to the general public from January 12
Kathmandu. Bhujung Hydropower Limited is going to issue an IPO for the general public from this January 12th. The company has issued and distributed the IPO to local residents affected by the project and Nepalese who have gone abroad for employmen...
What is the exchange rate of which foreign currency on Monday?
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 144 rupees 37 paisa and the selling rate is 144 rup...
'Stalls' including public library closed after non-payment of rent
Kathmandu. According to the decision of the Nepal government, stalls that have not paid rent for a long time along with the Kathmandu Valley Public Library at Bhrikutimand have been closed. According to the Ministry of Women, Children, Gender and...
An increase of 16.67 points in NEPSE, the turnover is limited to 2.79 billion
Kathmandu. On Sunday, the last trading day before Tihar, the stock market NEPSE index rose by 16.67 points to 2503.85. 6.199 thousand shares of 323 companies were bought and sold in NEPSE on this day, with a turnover o...
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 fixed exchange rate for today, the buying rate of one US dollar is 144 rupees 09 paisa and the selling rate is 144 rupees 69 paisa.