October 22, 2026, Thursday
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

Signing of two contracts worth USD 2.37 million under MCC for road maintenance

Kathmandu. MCA-Nepal has signed two important contracts worth about 2.37 million US dollars for the implementation of road maintenance work under the Millennium Challenge Corporation MCC Compact. On Monday in Kathmandu, MCA-Nepal signed an agreeme...

Tourist activity is increasing in Kanchenjunga, local tourism business is excited

Kathmandu. With the arrival of tourists in the Kanchenjunga region, the third highest mountain in the world, enthusiasm has been added to the local tourism business. As the weather becomes favorable, the movement of domestic and foreign tourists h...

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

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 146 rupees 13 paisa and the selling rate is 146 rupees 73 paisa.

Sim...

Cash transaction limit of 5 lakhs maintained, 10 lakhs system abolished

Kathmandu. Nepal Rastra Bank has implemented a system where cash cannot be withdrawn by exchanging checks worth more than 5 lakh rupees. The Central Bank has made it compulsory to have an account payable when issuing checks above 5 lakhs. The limi...

The price of gold is making a new record day by day, how much per tola on Wednesday?

Kathmandu. Today, the price of gold in the Nepali market has become the highest ever. Today, the price of gold has increased by 1,500 rupees per tola and has become the highest in history. According to the Nepal Gold and Silver Traders Federation,...

Iran turning problems into opportunities, making billions of dollars under the guise of war

Kathmandu. Iran has turned the war with the US and Israel into an opportunity. The U.S. targeted military bases near the island of Kharg Iran, but did not directly target an oil terminal for fear of a global oil crisis. Taking advantage of this, I...