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

Dairy industry loses Rs 2 billion due to lockdown

CEO TAB by CEO TAB
April 22, 2020
in Prime News
0
Lockdown causes Rs 2 billion loss in dairy industry
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

Kathmandu, April 22 : The Nepal Dairy Association (NDA) has said it is facing obstructions in the transportation and distribution of milk and other dairy products in the ongoing national lockdown period. The very lockdown was announced on March 24 by the government to combat the COVID-19 pandemic.

You might also like

Nepal Emerges as a Regional Power Exporter, Selling Up to 650 MW of Electricity Daily

Authorities Intensify Investigation into High-Value Stock Brokerage Firms

NRB Tightens Rules on Interest Capitalization for Long-Term Project Loans

“The government is supposed to permit the vehicles carrying daily essentials (like milk) to run on the roads during the lockdown. However, it has not so far permitted the trucks and vans transporting milk to do the same,” Prahlad Dahal, general secretary of the NDA, lamented adding,” As such, the dairy companies are not being able to supply and distribute their products in Chitwan, Butwal and Nepalgunj, among other cities.”

Similarly, it is said that not only the vehicles carrying milk have been stopped but also the related workers of such vehicles are being beaten by the police personnel. In New Road, Koteshwor and other places in Kathmandu, such incidents have taken place according to Dahal.

Only 20 per cent of the total milk and milk products is being sold daily at present. He added that the dairy industry has incurred the losses of Rs 2 billion due to the lockdown. The milk and dairy products worth Rs 5 billion are currently in stock.

Meanwhile, the dairy companies have started distributing milk free of cost after a slump in its sale due to the lockdown.

The NDA says that they have started providing milk free of cost rather than dumping it. It is said that the milk is being distributed free to the people who are placed at various quarantine facilities and also to the needy households.

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Nepal Emerges as a Regional Power Exporter, Selling Up to 650 MW of Electricity Daily

by CEO Tab
June 26, 2026
0
Nepal Emerges as a Regional Power Exporter, Selling Up to 650 MW of Electricity Daily

Once dependent on electricity imports from India to meet its domestic demand, Nepal is rapidly transforming into an emerging energy exporter in South Asia. With the onset of...

Read more

Authorities Intensify Investigation into High-Value Stock Brokerage Firms

by CEO Tab
June 26, 2026
0
Authorities Intensify Investigation into High-Value Stock Brokerage Firms

Kathmandu, June 26: The Department of Money Laundering Investigation (DoMLI) and the Central Investigation Bureau (CIB) of Nepal Police have intensified investigations into stock brokerage firms handling average...

Read more

NRB Tightens Rules on Interest Capitalization for Long-Term Project Loans

by CEO Tab
June 26, 2026
0
NRB Tightens Rules on Interest Capitalization for Long-Term Project Loans

Nepal Rastra Bank (NRB) has introduced stricter provisions governing the capitalization of interest on loans extended to long-term projects during their moratorium period, aiming to strengthen risk management...

Read more

Delayed Monsoon Slows Paddy Plantation; Only 10 Percent of Rice Fields Planted Nationwide

by CEO Tab
June 26, 2026
0
Delayed Monsoon Slows Paddy Plantation; Only 10 Percent of Rice Fields Planted Nationwide

Delayed monsoon rainfall has significantly disrupted this year's paddy plantation across Nepal, with only around 10 percent of the country's cultivable rice fields planted as of Monday, raising...

Read more

Nepal Imports Nearly Rs 50 Billion Worth of Fertilizers, Yet Farmers Face Shortages During Planting Season

by CEO Tab
June 25, 2026
0
Nepal Imports Nearly Rs 50 Billion Worth of Fertilizers, Yet Farmers Face Shortages During Planting Season

Nepal imported chemical fertilizers worth nearly Rs 49.83 billion during the first 11 months of the current fiscal year, but thousands of farmers across the country continue to...

Read more
Next Post
Taiwanese

Construction works of mega projects resume amid lockdown

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

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.