NAWALPARASI, May 2: Domestic sugar product worth amounting to millions of rupees has been stocked for long in lack of market. Sugar mills in west Nawalparasi are struggling enough to clear their stock due to market competition, said entrepreneurs.
KATHMANDU, April 30: Though Prime Minister KP Sharma Oli had said that he was ‘tricked’ by sugar mills to restrict the import of sugar, the government has continued the quantitative restriction until mid-July. The restriction that was in place until Chaitra end (April 13) was extended till mid-July.
MAHOTTARI, Feb 1: The workers at Everest Sugar and Chemical Industries Limited in Ramnagar, Mahottari have continued their hunger strike today to press the industry administration to address their demand.
KATHMANDU, Nov 21: The parliament’s Public Accounts Committee (PAC) has endorsed the report submitted by a sub-committee, which among others, calls for an investigation into the recent artificial price hike of sugar, particularly during the festival season.
Apart from being visibly apathetic toward the woes of sugarcane farmers, the government authorities responsible for handling sugar supplies and market monitoring are found to have committed serious negligence in fixing the price of sugar in the local market, at the cost of financial burden to the customers just ahead of Dashain,
RAUTAHAT, Oct 13: Shree Ram Sugar Mills Limited of Garuda, Rautahat has started meetings with cane farmers to buy time to pay the latter’s dues, following a directive by the government earlier this week to clear all dues within five days.
KATHMANDU, Oct 9: Members of a sub-committee of the Public Accounts Committee (PAC) formed to look into the soaring prices of consumable goods, including sugar, on the eve of festive season, have questioned whether sugar mills had made commitment with the government to not raise sugar price before imposing restriction on sugar imports.
KATHMANDU, Oct 7: Minister for Industry, Commerce and Supplies Matrika Prasad Yadav has claimed that there was no shortage of sugar in the market. At a program organized on Sunday, Minister Yadav said, "The rumour of shortage of sugar in the market is untrue. There is no shortage of sugar in the market."
KATHMANDU, Oct 5: The Public Accounts Committee (PAC) of parliament has formed a sub-committee to look into the recent rise in prices of daily consumer goods, including sugar, on the eve of Dashain, Tihar and Chhath festivals.
SARLAHI, June 18: Sarlahi-based Indu Shankar Sugar Mill has started making payments to sugarcane farmers at rates lower than that determined by the government. The mill has been paying Rs 70.64 less than the government's rate per quintal of sugarcane.
KATHMANDU, June 11: Sugar price is expected to go down in the domestic market as its price is falling in neighboring India, officials of Nepal Retailers Association (NRA) say.Although the government has imposed 15 percent customs duty on sugar, retailers say it won't be sufficient to stop import of sugar from international market.
SARLAHI, June 3: The Indu Shankar Sugar Mill has halted the payment to the sugarcane farmers, stating that it needed time to analyze the effects on the industry that the budget for Fiscal Year 2018/19 could make.
KHOTANG, April 23: The District Administration Office of Khotang has sealed a shop and its godown after completing investigation on a public complaint regarding presence of carbamide (urea) in sugar at Diktel bazaar.
KATHMANDU, Sept 12: Two sugar mills have signed initial agreements with the government to produce electricity. If it goes as planned, Indu Shankar Chini Udyoug Ltd will generate three megawatts of electricity from December by rotating an additional turbine by the steam of existing boiler. The mills use bagasse, a residue of sugar cane crushing, to heat the boiler.
KATHMANDU, June 11: Salt Trading Corporation (STC) has got the go-ahead to import 30,000 tons of sugar.
Officials of STC say sugar will start arriving into Nepal from mid-July. The government has set customs duty at 1 percent for import of 30,000 tons, down from the existing 15 percent.