Kathmandu, Nepal: Ahead of the festive season, the consumers may face sugar shortage in the market. The Salt Trading Corporation and Food Management and Trading Company Ltd (FMTCL) have initiated a tender process to import sugar to reduce the shortage.
However, it is expected that the process may take some time and the sugar might arrive in the country in November. According to the media report, FMTCL had issued a tender on August 23 with a 45-day deadline to import sugar. Looking at the current situation, it is quite clear that sugar might not arrive before November.
Netra Prasad Subedi, CEO of FMTCL said, “We had already said that sugar will not arrive by Dashain. But the demand for sugar normally spikes during the Tihar festival and we would have imported the sweetener by then.”
To Listen to this News click on the play button.