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

Nepal Spends Rs 35.53 Billion on Rice and Paddy Imports in First 10 Months of FY 2024/25

CEO Tab by CEO Tab
June 19, 2025
in Prime News
0
India eyes on curbing export of basmati rice
76
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

Despite recurring government pledges to achieve self-reliance in rice production, Nepal imported rice and paddy worth Rs 35.53 billion in the first 10 months of the current fiscal year 2024/25.

You might also like

Flood Damage to Power Projects Raises Concerns Over Winter Electricity Supply

ADB Approves $5 Million Emergency Grant for Flood-Hit Communities in Nepal

Nepal Estimates $4–5 Billion Needed to Rebuild Flood-Damaged Infrastructure

According to data from the Department of Customs (DoC), Nepal imported 201,916 tons of rice worth Rs 15.76 billion. Additionally, the country spent over Rs 19.77 billion on importing 496,989 tons of paddy, including 1,850 tons of paddy seeds valued at Rs 818.20 million.

This substantial reliance on imports persists even as the government, through the FY 2025/26 budget, has laid out ambitious plans to boost domestic rice production. The government has committed to promoting the cultivation of an additional 1.2 million tons of Spring Paddy across 22 districts in the Terai and Inner Madhesh. To support this, Rs 330 million has been allocated in the current fiscal year.

The growing import trend comes at a time when local farmers are struggling to sell their produce. At a press conference held on Sunday, two major farmer alliances—National Farmers Group Federation Nepal and All Nepal Peasants’ Federation—voiced frustration over poor market access and pricing. They reported that Spring Paddy is being sold at just Rs 1,400 per quintal, significantly lower than the government’s declared minimum support price of Rs 2,869 per quintal.

According to the Ministry of Agriculture and Livestock Development, an estimated 150,000 tons of Spring Paddy remain unsold with farmers. Nepal annually produces around 500,000 tons of paddy, cultivated on approximately 120,000 hectares of land with an average productivity of 5 tons per hectare.

In comparison, rice and paddy imports had reached Rs 21.34 billion in FY 2023/24 and Rs 35.90 billion in FY 2022/23. Although there was a drop of about Rs 13 billion in imports last fiscal year, this year’s figures indicate a resurgence in reliance on foreign supply.

The continued rise in imports amid surplus domestic stocks highlights persistent gaps in market linkage, pricing mechanisms, and post-harvest management—posing a critical challenge to Nepal’s food sovereignty goals.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Flood Damage to Power Projects Raises Concerns Over Winter Electricity Supply

by CEO Tab
August 30, 2026
0
Flood Damage to Power Projects Raises Concerns Over Winter Electricity Supply

Massive floods in the Bhotekoshi and Trishuli river systems have severely damaged operational power projects with a combined capacity of 431.1 MW, raising serious concerns about Nepal's ability...

Read more

ADB Approves $5 Million Emergency Grant for Flood-Hit Communities in Nepal

by CEO Tab
August 30, 2026
0
ADB Approves $5 Million Emergency Grant for Flood-Hit Communities in Nepal

The Asian Development Bank (ADB) has approved a $5 million emergency grant to support rescue and relief operations in communities devastated by floods and debris flows along the...

Read more

Nepal Estimates $4–5 Billion Needed to Rebuild Flood-Damaged Infrastructure

by CEO Tab
August 30, 2026
0
Nepal Estimates $4–5 Billion Needed to Rebuild Flood-Damaged Infrastructure

The government has estimated that Nepal will require between US $4 billion and $5 billion to reconstruct infrastructure damaged by the devastating Bhotekoshi-Trishuli floods last Wednesday. Speaking to...

Read more

Nepal Telecom Extends Free Communication Services in Bhotekoshi Flood-Hit Areas

by CEO Tab
August 30, 2026
0
Nepal Telecom Extends Free Communication Services in Bhotekoshi Flood-Hit Areas

Nepal Telecom has announced that it will continue providing free voice, data and SMS services to customers in the Bhotekoshi flood-affected areas and nearby locations until further notice....

Read more

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
Next Post
MCC: An agreement that divides the country

MCC Nepal Compact to Proceed Uninterrupted Following U.S. Exemption

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.