Government institutes allowed to bring 25,000 tons of sugar for Dasain-Tihar
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 price of gold and silver decreased, how much is the transaction per tola?
Kathmandu. Today, the price of gold and silver in the local market has fallen somewhat. Compared to Thursday, the price of both has decreased. According to the Federation of Nepal Gold and Silver Traders, today the price of one tola of gold is Rs...
Let's not buy real estate because it is cheap, is it built on public land or not? let's check
Rusha Thapa_________________
Bhaktapur. There are news about real estate being sold at very cheap prices in social media, newspapers etc. Real estate traders and brokers also say that the price of real estate has decreased significantly. It...
Heavy fall in the price of gold and silver, how much per tola on Thursday?
Kathmandu. Even today, the price of gold is falling in the Nepali market. The gold tola has dropped by five thousand 200 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being bought and sold at 278,300 rupees per tola to...
Foreign currency exchange rate: What is the value of the Kuwaiti dinar and the pound with the US dollar?
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the new rate issued by the Central Bank, today the buying rate of one US dollar is 153 rupees 68 paisa and the selling rate is...
Seven million eight million rose from Dharahara in one year
Kathmandu. It has been a year since Monday that the tower was opened for viewing for a fee. Last year, from November 9th, the government made an arrangement where the Dharahara can be viewed for a fee of 200 rupees. Du...
DDC to Purchase More Than 60,000 Litres of Milk Daily from Small Farmers: Tripartite Agreement Signed
Kathmandu: A tripartite agreement has been signed between the National Cooperative Federation for Agriculture, Sana Kisan Bikas Laghubitta Bittiya Sanstha Ltd., and the Dairy Development Corporation (DDC) to purchase and sell more than 60,000 litr...



