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

Price of cardamom increases threefold

CEO Tab by CEO Tab
January 8, 2024
in Prime News
0
Price of cardamom increases threefold
75
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

The price of cardamom has increased by threefold this season, bringing happiness to the farmers.    

You might also like

Number of Registered Cooperatives in Nepal Reaches 32,325

Government Working to Resolve Tea Export Issues with India: Industry Minister

CIB Recommends Freezing Share Transactions of 56 Individuals Over Alleged Market Manipulation


Cardamom is now being sold at the highest price in the past four years. Trader Jeevan Pandey said that the price of cardamom has increased by almost three times more than last year. The price was Rs 28,000 last year but good quality of cardamom is now being sold at Rs 85,000 per quintal.    


According to Pandey, the price of cardamom has increased this year because there is not enough cardamom as per its demand in the international market.   

 
Biren Shereng of Suryodaya municipality-1 has cultivated cardamom in an area of about 100 ropani of land. He said 27 to 30 metric tons of cardamom is produced annually giving savings of at least one million rupees.    


 The farmers of Ilam have started to increase their income after the improvement of cardamom with the use of modern farming system.    


This year, 1,325 metric tons of cardamom has been produced in the district. This is 7.96 percent more than the previous year. According to Agriculture Knowledge Centre, Ilam, the cardamom has been produced with plantation in 1,753 hectares of land.    


According to Runa Khadka, an employee of the Centre, only 1,215.26 metric tons of cardamom was produced last year when it was cultivated in 1,755 hectares. Though cardamom plantations have decreased, production and productivity have increased this year. He said that the productivity per hectare was 0.69 per hectare last year and increased to 0.75 per hectare in the current year.    


In Ilam, cardamom is grown in all the 10 local levels including six rural municipalities and four municipalities. However, it is more extensive in Maijogmai and Sandakpur rural municipalities. Cardamom is grown at an altitude of 700 to 2100 meters above sea level.

Share30Tweet19
CEO Tab

CEO Tab

Recommended For You

Number of Registered Cooperatives in Nepal Reaches 32,325

by CEO Tab
May 29, 2026
0
Number of Registered Cooperatives in Nepal Reaches 32,325

According to the Economic Survey for the fiscal year 2025/26 published by the Ministry of Finance, the number of registered cooperatives across Nepal reached 32,325 by mid-March 2026....

Read more

Government Working to Resolve Tea Export Issues with India: Industry Minister

by CEO Tab
May 29, 2026
0
Government Working to Resolve Tea Export Issues with India: Industry Minister

Minister for Industry, Commerce and Supplies Gauri Kumari has stated that progress is being made toward resolving the challenges affecting Nepal’s tea exports to India. Addressing lawmakers during...

Read more

CIB Recommends Freezing Share Transactions of 56 Individuals Over Alleged Market Manipulation

by CEO Tab
May 29, 2026
0
CIB Recommends Freezing Share Transactions of 56 Individuals Over Alleged Market Manipulation

The Central Investigation Bureau (CIB) of Nepal Police has recommended freezing the share transactions of 56 prominent individuals associated with various merchant banking and insurance companies over alleged...

Read more

Federal Parliament Ready for FY 2026/27 Budget Presentation

by CEO Tab
May 29, 2026
0
Federal Parliament Ready for FY 2026/27 Budget Presentation

The Federal Parliament Secretariat has finalized all preparations for Friday’s joint parliamentary session, during which the annual revenue and expenditure estimates for the fiscal year 2026/27 will be...

Read more

DDC Pays Rs 120 Million to Dairy Farmers Amid Efforts to Clear Outstanding Dues

by CEO Tab
May 28, 2026
0
DDC Pays Rs 120 Million to Dairy Farmers Amid Efforts to Clear Outstanding Dues

The state-owned Dairy Development Corporation (DDC) has paid Rs 120 million to dairy farmers as part of its ongoing effort to clear long-pending payments. According to the DDC,...

Read more
Next Post
NEPSE down by 44 points, trading over Rs 3 billion

NEPSE nosedives 26.36 points; daily turnover limits to Rs 5.241 billion

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.