CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

FMTC Launches Discounted Fair-Price Shops for Festival Season

CEO Tab by CEO Tab
September 20, 2024
in Prime News
0
‘No shortage of food grains during rainy season’
76
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

In anticipation of the upcoming Dashain and Tihar festivals, fair-price shops have been launched across Nepal to offer essential items at discounted prices. This initiative, which began on Thursday, aims to ease the financial burden on consumers during the festive season and will run until January 15, 2025.

You might also like

Interest Rate Cuts and Higher Power Demand Drive Hydropower Profits to Rs 11.11 Billion

Parliamentary Panel Proposes Three-Year Tenure for NRB Top Officials

Four South Asian Countries Sign Deal to Share Advance Trade Information

The Food Management and Trading Company (FMTC) is managing these shops at over 60 locations nationwide, including both the capital and other regions. The Salt Trading Corporation (STC) plans to open its own discounted shops starting September 23.

During the official launch, Minister for Industry, Commerce and Supplies Damodar Bhandari highlighted the role of these shops in controlling artificial price hikes and providing access to quality goods at lower prices. He encouraged consumers to take advantage of these facilities, which are designed to stabilize market prices during peak demand periods.

The FMTC will offer substantial discounts on various essential items, such as:

  • Rice and lentils: Rs. 7 off per kg
  • Beaten rice, cooking oil, wheat flour, sugar: Rs. 7 off per kg
  • Salt: Rs. 2 off per kg
  • Karnali beans, buckwheat, Marsi rice: Rs. 7 off per kg
  • DDC ghee: Rs. 10 off per kg

Additionally, live goats and mountain goats will be sold at a discount of Rs. 10 per kg at the FMTC’s Thapathali depot.

To improve accessibility, consumers can order essential goods online with free delivery, and both the FMTC and STC will operate mobile vans to reach more customers.

Consumer rights advocates have called on the government to establish permanent fair-price shops at the local level, suggesting that regular FMTC outlets could better serve community needs. The FMTC also recently inaugurated a fortified rice plant at its Thapathali depot, developed with support from the World Food Programme.

This initiative marks a significant effort to ensure consumers can celebrate the festivals while having access to affordable essential goods.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Interest Rate Cuts and Higher Power Demand Drive Hydropower Profits to Rs 11.11 Billion

by CEO Tab
August 21, 2026
0
Interest Rate Cuts and Higher Power Demand Drive Hydropower Profits to Rs 11.11 Billion

Nepal’s hydropower sector recorded a sharp improvement in financial performance in the fiscal year 2025/26, with 106 hydropower companies listed on the Nepal Stock Exchange (NEPSE) reporting a...

Read more

Parliamentary Panel Proposes Three-Year Tenure for NRB Top Officials

by CEO Tab
August 21, 2026
0
Parliamentary Panel Proposes Three-Year Tenure for NRB Top Officials

The Finance Committee of the Federal Parliament has decided to amend the Nepal Rastra Bank Act, proposing to limit the regular tenure of the central bank’s top officials...

Read more

Four South Asian Countries Sign Deal to Share Advance Trade Information

by CEO Tab
August 21, 2026
0
Four South Asian Countries Sign Deal to Share Advance Trade Information

Nepal, Bhutan, Bangladesh and the Maldives have signed an agreement to exchange advance information on goods traded across their borders, in a move aimed at facilitating regional trade...

Read more

Government Moves to Introduce Seasonal Electricity Tariffs

by CEO Tab
August 21, 2026
0
Government Moves to Introduce Seasonal Electricity Tariffs

The government has intensified preparations to reduce electricity tariffs through a proposed ‘seasonal tariff’ system, under which electricity prices would be lowered during the rainy season when surplus...

Read more

Government Sets Two-to-Five-Year Deadline to Complete Six National Pride Irrigation Projects

by CEO Tab
August 19, 2026
0
Government Sets Two-to-Five-Year Deadline to Complete Six National Pride Irrigation Projects

The government has set ambitious deadlines to complete six long-delayed national pride irrigation projects, with completion targeted within the next two to five years. The Ministry of Energy,...

Read more
Next Post
NEA invites hydropower promoters for PPA

NEA To Issue Final Warning: Power Supply at Risk of Disconnection Over Trunk Line Payment Dispute

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.