With the beginning of Tihar, the buying and selling of flowers increased, Nepal is becoming self-sufficient in flower business
Kathmandu. With the beginning of Tihar, the second biggest festival of Nepalese, the buying and selling of flowers has increased rapidly. In Tihar, which is a festival of flowers and colors, there is a lot of use of flowers from worship to various social functions. According to Rajesh Bhakta Shrestha, President of Nepal Floriculture Association, Nepal has been becoming self-sufficient in flower farming, which took a commercial form after the decade of 2050. The number of commercial cultivators of cypress and velvet for Tihar is increasing because of the short-term income.
Flower farming is being done in the main cities and 52 districts of seven provinces across the country. According to Chairman Shrestha, there is an investment of more than eight billion 83 million rupees in the flower business in an area of about 270 hectares and it has provided employment to 53 thousand 500 people.
Especially during Tihar, it is estimated that more than 4 million garlands are sold in Kathmandu Valley alone. However, in the financial year 2081, 82, there was a turnover of Rs. 3.37 billion, so the annual growth rate in demand and supply is more than 10 percent. According to the statistics of the customs department, the export of floral products has also increased. In the year 2081, 82, there was an export worth Rs.
Meanwhile, Kathmandu Metropolitan City has decided to ban flowers imported from abroad with the aim of promoting indigenous flowers this year. Metropolitan police chief Rajunath Pandey said that this policy will be implemented through a press conference.
Express
Related News
More liquidity in the banking system, with the National Bank drawing a trillion rupees from the market
Kathmandu. Nepal Rastra Bank is going to issue a 91-day deposit collection tool worth one trillion rupees on Wednesday to manage the continuously increasing excess liquidity in the banking system. Since the last few months, there is more than enou...
17 rhinos have died in Chitwan National Park since July
Kathmandu. 17 rhinos have died in the current financial year. One of them was electrocuted and the rest died of natural causes. 57 wild animals including rhinoceros have died in this financial year. Those wild animals have died in the park a...
Moving towards the construction of 1200 MW Budhigandaki hydropower project
Kathmandu. The Budhigandaki hydropower project with a capacity of 1200 MW has progressed towards the construction stage. With the agreement between the Ministry of Finance and the National Planning Commission on the investment framework of this pr...
Prabhu Bank CEO and Two Senior Executives Arrested in Banking Fraud Probe
KATHMANDU — Nepal Police’s Central Investigation Bureau (CIB) on Sunday arrested Prabhu Bank Chief Executive Officer Ashok Sherchan, along with Deputy CEO Mani Ram Pokharel and Chief Credit Officer Rivas Sh...
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...
The price of gold decreased, how much per tola on Friday?
Kathmandu. Even today, the price of gold in the Nepali market is falling. Gold has decreased by Rs 900 per tola. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 252,400 rupees per tola today. On the other hand, s...



