Nepal Economic Digest (May 22, 2020)

Khabarhub

May 22, 2020

4 MIN READ

Nepal Economic Digest (May 22, 2020)
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KATHMANDU: Economic Digest, a daily morning email digest, is basically a relatable summation of important business news from Nepal into easy-to-understand summaries.

92 thousand metric tonnes rice in stock

Ninety-one thousand five hundred and four metric tonnes of rice is in stock with the Food Management and Trading Company Limited, and the private sector traders.

As per the data released by the Ministry of Industry, Commerce, and Supplies on Wednesday, the Company has 16 thousand 504 metric tonnes and the private sector industries 75 thousand metric tonnes of rice grain in stock.

Assistant spokesperson of the Ministry, Urmila KC said two thousand 843 metric tonnes rice, 664 quintals buckwheat, 524 quintal beans, 557 metric tonnes wheat, and 18 metric tonnes lentils is in stock in the 23 remote districts of the country.

Similarly, Salt Trading Corporation has a stock of 137 thousand 966 metric tonnes of salt in stock, including 2,825 metric tonnes in the remote districts. It has 2,263 metric tonnes of sugar in stock while the private sector has 63 thousand metric tonnes in stock.

Godawari bans vegetables from three areas including Kalimati

Godawari municipality has directed not to import vegetables from three areas of the Kathmandu Valley.

The municipality has put a ban on importing vegetables from Baneshwor, Balkhu and Kalimati.

Issuing a press note, Gajendra Maharjan, Mayor of Godawari municipality, warned that a stringent action would be taken if the vegetables and fruits were imported from Kalimati, Balkhu and Baneshwor and sold in the Godawari municipality.

Maharjan argues that vegetables and fruits come to these places from India and they might be infected with Coronavirus. Meanwhile, the municipality has directed the grocery shops to open only from 5 am to 11 am.

Eight containers arrive in Kathmandu with medical supplies from China

As many as eight containers with medical supplies arrived in Kathmandu from China on Thursday by land.

Nepal Army (NA) Spokesperson Bigyan Dev Pandey informed us that the supplies weighing almost eight tons have a total volume of 275 cubic meters.

On Tuesday, the NA brought 18.84 tons of medical supplies by a wide-body plane, and eight tons by land from China. Meanwhile, 12 containers have already arrived at the Tatopani border point, Pandey said.

Fire breaks out in cattle farm, kills five cows

Five cows died after a fire broke out in a cow farm at Kageshwori Manohara Municipality-4 in Mulpani.

According to police, five cows, fodder for cattle and Rs 200,000 in cash were destroyed in the fire.

The cow farm is run by Khadga Dhakal, a local. A preliminary investigation of the police shows property worth Rs 1,418,500 was gutted in the fire.

The cause behind the fire is yet to be ascertained.

(Compiled and prepared by Swastik Aryal and Nitish Lal Shrestha)

Nepal Economic Digest is a daily morning email digest, basically relatable summations of the most important business news, happenings from Nepal into easy-to-understand summaries.

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