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

Lockdown results in huge loss to tea estate

CEO TAB by CEO TAB
July 2, 2020
in Prime News
0
Lockdown results in huge loss to tea estate
74
SHARES
1.2k
VIEWS
Share on FacebookShare on Twitter

-Kiran Paudyal

You might also like

Govt Confirms NEA Will Benefit From New Cross-Border Transmission Lines

Telecom Revenue Drops 28% in Seven Years as Heavy Taxes and Policy Hurdles Push Sector Toward Crisis

Ten Industries Begin Paying Long-Pending Dues for Dedicated Feeders and Trunk Lines

Ilam, July 2 : With the enforcement of the national lockdown to contain the spread of coronavirus infection, the tea estates in Ilam district have lost a sizable income in the peak season to pluck the first flush. The farmers could neither take the tea leaves for processing nor do they supply the processed tea to the market.

The first flush, which gets readied from the beginning of April, is considered as the best quality tea leaves with more market and values. This year the farmers could not pluck the high-quality first flush due to lockdown, incurring a huge loss to the farmers and factories, proprietor of Jasbire Tea Processing Center Sarad Subba of Ilam Municipality-4 said.

We could not supply the tea despite there was a demand from the third countries, he bemoaned. “We supply our products to China and other third countries. But, we have not sent yet this year as the international market is in standstill,” Subba added. The tea factory owners have also failed to pay the tea farmers and workers as well. Chief of Gorkha Tea Estate, Udaya Chapagain, shared that their loss is huge as tea factories remained closed for some days.

He, however, claimed that he was regularly paying for the workers and farmers even in the lockdown despite his products have not reached the market. This sector incurred more than Rs 6 million in loss in the first season of this year, General Secretary of Central Tea Cooperatives Association Rabin Rai said. RSS

Share30Tweet19
CEO TAB

CEO TAB

Recommended For You

Govt Confirms NEA Will Benefit From New Cross-Border Transmission Lines

by CEO Tab
November 7, 2025
0
Chitwan industries feeling heat due to irregular power supply

The government has confirmed that the Nepal Electricity Authority (NEA) will gain direct benefits from the new cross-border transmission lines being developed between Nepal and India. Nepal and...

Read more

Telecom Revenue Drops 28% in Seven Years as Heavy Taxes and Policy Hurdles Push Sector Toward Crisis

by CEO Tab
November 7, 2025
0
Telecom Revenue Drops 28% in Seven Years as Heavy Taxes and Policy Hurdles Push Sector Toward Crisis

Revenue generated by Nepal’s telecom service providers has fallen by nearly 28 percent over the past seven years, raising concerns about the long-term sustainability of the sector. According...

Read more

Ten Industries Begin Paying Long-Pending Dues for Dedicated Feeders and Trunk Lines

by CEO Tab
November 7, 2025
0
NEA invites hydropower promoters for PPA

Ten industrial firms have paid the first installment of their long-overdue dues related to the use of dedicated feeders and trunk lines, following mediation efforts by the Federation...

Read more

NTB CEO Reaffirms Nepal’s Commitment to Sustainable Tourism at World Travel Market 2025

by CEO Tab
November 7, 2025
0
Agreement to create short-term jobs for 1,000 tourism employees

Chief Executive Officer of the Nepal Tourism Board (NTB), Deepak Raj Joshi, has reaffirmed Nepal’s strong commitment to responsible and sustainable tourism. Speaking at the World Travel Market...

Read more

Increase in Gold and Silver Prices in the Local Market

by CEO Tab
November 6, 2025
0
NRB sells gold and silver coins for upcoming Tihar

Compared to Wednesday, the prices of gold and silver have increased slightly in the local market today. According to the Nepal Gold and Silver Dealers’ Association, the price...

Read more
Next Post
NMB Bank to get US $ 25 million loan from IFC

NMB Bank to get US $ 25 million loan from IFC

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.