September 8, 2026, Tuesday
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

Two Nepali farmers who were jailed for going to India to buy fertilizers were released on bail after 38 days

Kathmandu. Two Nepalese farmers from Sarlahi, who were arrested while going to India to buy chemical fertilizers for their fields, have been released after 38 days. Suresh Prasad Singh and Nagendra Prasad Singh of Balra Municipality-5 of Sarlahi w...

Here are the foreign currency exchange rates for today

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been set at 140 rupees 26 paisa and the selling rate is 140 r...

On Tuesday, the NEPSE index fell by 21.15 points, the market reached 2663.18 points!

Kathmandu. On the second day of trading of the week, the stock market gauge NEPSE index fell on Tuesday. On Tuesday, NEPSE index decreased by 21.15 points and reached 2663.18 points. A total of 17,61,396 shares of 343 companies were bought and sol...

In the first quarter, the expenditure of Kathmandu Metropolitan City was 12.94 percent

Kathmandu. In the first quarter of the current financial year, the total expenditure of Kathmandu Metropolitan City has reached 12.94 percent. Of the allocated 25 billion 11 crore 43 lakh 41 thousand rupees, 3 billion...

Foreign Currency Exchange Rates: What is the value of the US Dollar, Euro and Pound?

Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the Central Bank, today the buying rate of one US dollar is 153 rupees 07 paisa and the selling rate is 153 rupees 76 paisa.

S...

What is the exchange rate of foreign currency on Tuesday?

Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been fixed at 140 rupees 90 paisa and the selling rate is 141...