August 16, 2023
2 mins read

Nepal seeks rice, sugar from India

Rice is the staple food in Nepal and is heavily dependent on imported food, mostly from India…reports Asian Lite News

After India imposed a ban on rice exports, the government of Nepal has written to its counterparts in New Delhi to provide rice, sugar, and paddy.

The request was made last week through the Ministry of Foreign Affairs to the Indian side.

“We have requested the Indian side to make available 100,000 tonnes of rice, 50,000 tonnes of sugar, and one million tonnes of paddy,” Ram Chandra Tiwari, joint secretary at the Ministry of Industry Commerce and Supplies told IANS.

After India imposed a ban on the export of rice, psychology has spread among the public that there could be a lack of rice in the market, said Tiwari, in order to dispel that public’s notion, we have requested for supplies of grain and sugar.

However, the Ministry of Foreign Affairs just communicated with the Indian side about the request on Tuesday.

The request was sent through the Indian Embassy in Kathmandu.

Some Nepali traders started hoarding rice and paddy in Nepal under the pretext of India’s embargo on the export of non-basmati rice beginning from July 20 amid the threat of El Nino weather disruption.

As soon as news about India’s embargo was out, the traders started hoarding huge amounts of rice resulting in price hikes of non-basmati rice in Nepal.

Nepal india

Rice is the staple food in Nepal and is heavily dependent on imported food, mostly from India.

Nepal imported 1.4 million tonnes of rice –1.38 million tonnes of non-basmati and 19,000 tonnes of basmati rice — from India, the highest import on record, according to an Indian government report. 

In terms of value, rice imports came to $473.43 million or just over Rs 60 billion. 

Imports of basmati and non-basmati rice dropped sharply to 812,028 tonnes in 2022-23 as India strangled exports. 

Nepali traders have said that immediately after India stopped the export of rice, retail prices jumped by Rs 200 to Rs 250 per 25 kg bag.

They say that prices are expected to increase further, particularly during the festive season.

Since consumption of rice and sugar increases during the festive season, government officials said that it is their preparations to keep stock of food and sugar-like essential products in stock so that the general public will not face any shortcomings in the future.

Due to depleting stock of paddy and sugar, the government has decided to procure the food grains and sugar from India in order to mitigate the crisis if any occurs in the future.

Before making such a request Minister for Industry, Commerce, and Supplies Ramesh Rijal held talks with Indian Ambassador to Nepal, Naveen Srivastava, and requested him not to impose a ban on the export of rice to Nepal.

The Indian side is positive, said Tiwari.  

ALSO READ: Nepal backtracks on Huawei contracts

Previous Story

Empowerment, Innovation & Impact: Conversation With Visionary Women in the UAE

Next Story

India, Thailand vie for chip supremacy in Asia

Latest from -Top News

Beijing Targets Hong Kong Democracy

Latest annual UN report highlighted the growing and sophisticated trend of cross-border repression targeting human rights activists…reports Asian Lite News The United Nations, in its latest report on reprisals, revealed that two

‘1945 INA trial gave Congress huge impetus’

Congress’ freedom movement against British rule got a tremendous impetus from the 1945 showpiece trial of three officers of Netaji Subhas Chandra Bose’s Indian National Army (INA), says CPI(M) leader Subhashini Ali

Minorities in Bangladesh Live in Fear

Minorities are insecure in Bangladesh, be they ethnic or religious. The Bengali-speaking Hindu minorities have been facing attacks regularly since the fall of the Sheikh Hasina government … writes Rahul Sharma The

Pakistan, Afghanistan Seek Calm

The Doha talks are seen as a crucial step in de-escalating hostilities, addressing security concerns, and preventing further civilian casualties along the Afghanistan-Pakistan border. Afghanistan and Pakistan have agreed to an immediate
Go toTop

Don't Miss

Chinese firms give Kathmandu power summit a miss

The IPPAN expects good representation from the Indian companies considering

Court extends remand for Nepal’s ex-minister in fraud probe 

Judge Himalal Belbase issued the decision on Sunday, applying the