Food Management and Salt Trading Corporation to import 7,500 metric tons of wheat from India
KATHMANDU, March 6: Food Management and Trading Company and Salt Trading Corporation Limited have started wheat import process from India. The two state-owned companies are going to import wheat from India for the first time.
KATHMANDU, FEBRUARY 16: Salt Trading Corporation (STC) has made a profit of Rs 35.8 million in the first six months of the current fiscal. The profit figure is a whopping 90.16 per cent more compared to that of the same period last year. During the review period, the increase in the sales revenue to Rs […]
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KATHMANDU, September 16: As the main festival of Nepali society, Dashain and Tihar, hovers around, the cost of sugar per kilogram is likely to be higher than Rs 100.
Two main government companies - Salt Trading Corporation and Food Management and Trading Company - do not have enough sugar for this festival season in stock due to which traders are likely to hike the price as per their will.
Salt Trading Corporation currently has 200 tons of Sugar in stock while the Food Management and Trading Company has no sugar in its stock.
With this, traders can now hike the price of sugar on their own, fear experts.
Not only the government companies but the Sugar Producer Association also does not have enough sugar in its stock. The Association currently has 6000 tons of sugar in the stock.
The cost of sugar per kilogram can go as high as Rs 110, according to Brahesh Kumar Jha, Departmental Manager of the Salt Trading Corporation.
Likewise, agreeing to Jha’s remark, Pabitra Bhajracharya, President of Food Management and Trading Company said that the cost of sugar per kilogram will go up in next few days and will surge during Dashain and Tihar.
As of Wednesday, retailers are buying Sugar at a wholesale price of Rs 90 while the customers are paying Rs 95 for one kilogram of sugar. (With inputs from Aarthik Abhiyan)
KATHMANDU, May 27: The Kathmandu district administration has made arrangements for general people to purchase food items from the Food Management and Trading Company Limited (FMTCL) and the Salt Trading Corporation Limited (STC) in view of the government’s announcement of tightening the prohibitory order from May 28 until June 3.
According to the announcement, groceries will be completely shut during the prohibitory order. As a result, people will be affected heavily.
As per the arrangements, food items as ordered by customers will be delivered to home on a mobile vehicle, said Chief District Officer, Kathmandu, Kali Prasad Rijal.
For placing order, customers can contact FMTCL chief executive officer Mohan Prakash Chand (mobile number 9851320314), departmental chief Bhim Bahadur Thapa (9851136785) and provincial chief Gyanu Thapa (9851121788), and STC chief executive officer Urmila Shrestha (9851022564), deputy executive officer Kumar Rajbhandari (9851033303), departmental chief Sawal Rijal (9851113660) and officer Prajwal Pradhan (9841332990 or 9813272563).
