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Home Prime News

Lockdown causes Rs 2 billion loss in dairy industry

CEO TAB by CEO TAB
April 15, 2020
in Prime News
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Lockdown causes Rs 2 billion loss in dairy industry
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Kathamndu, April 15 : Milk and dairy products worth Rs two billion has been damaged so far during the ongoing lockdown in the country. The Dairy Association Nepal shared that dairy products of about Rs five billion are in stock. General secretary of the Association, Pralhad Dahal, said the supply of milk and dairy products has reduced by 75 per cent in the urban centres since the national lockdown was imposed to stem the spread of COVId-19 on March 24.

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The Association held a video conference yesterday with the chairs of the association chapters in seven states in the country. The meeting has urged the government to adopt measures not to let the milk and dairy products go waste, manage zero interest loan, waive VAT and taxes in dairy business and for the farmers.

Dahal complained that government’s decision of exempting the house rent was not implemented in practice. He also urged the federal and State governments to include dairy products like ghees in relief package to be provided by the government. RSS

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