Connect with us

Main News

PAC directs govt to fix sugar price at Rs 63 per kg

Pratigya Waiju

Published

on

KATHMANDU—The Public Accounts Committee (PAC) of the House of Representatives has directed the Government of Nepal to fix the price of sugar at Rs 63 per kilogramme.

At the meeting of parliament’s committee today, lawmakers urged the government to intervene in the market price saying that the shopkeepers have increased the price of essential commodities just ahead of the festival.

Although the producers had promised not to increase the rates after the quantitative restriction was implemented, the price of sugar jumped from Rs 65 per kg to Rs 85 to 90 per kg after the quota went into effect.

ALSO READ :  Lalbakaiya River boat capsize: Two bodies recovered

The Ministry of Industry, Commerce and Supplies had decided to fix the retail price of the sugar at Rs 70 per kg on Wednesday and warned of legal action if they sold above the fixed price.

PAC President Bharat Kumar Shah and members Chanda Chaudhary, Parbata DC Chaudhary, Parbati Kumari Bisankhe drew government’s attention over different issues including price hike.

Continue Reading

Economy

Rolpa begins hair oil production

RSS

Published

on

By

ROLPA— A factory established in Sulichaur, the eastern belt in Rolpa district, has started the production of hair oil through processing of medicinal herbs available in the locality.

Established with the investment of Rs 15 million, a total of 35 people have been employed, proprietor of the industry Tek Bahadur Ghartimagar said.

According to Ghartimagar, the productions of the company are exported to the bigger cities such as Kathmandu, Pokhara, Chitwan and other market areas, as they are not sold in the local market due to higher prices.

ALSO READ :  NC leader Khadka passes away

He said that cinnamon, bay leaf (Cinnamomum tamala), Calamus (Acorus Calamus), muskroot and many other locally available herbs are processed to produce the hair oil.

He also said that the local farmers are also encouraged to produce grass and herbs to avert the crisis of the raw materials as the materials produced in community forests and private forests could not meet the demand for raw materials.

Ghartimagar is of the view that the income of the community forests could be increased by doing farming of the medicinal herbs. “It would increase the income of community forests and also ensures sustainability of the industries,” he adds.

Rolpa is considered as a good source of many medicinal herbs where the local residents are making good income from the sale of the products. However, some herbs are yet to be identified despite their high values.

Continue Reading

TOP PICKS