$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16270',
'hit' => '909'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20221108052429_sugar.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 115]
$user = $this->Session->read('Auth.User');
//find the group of logged user
$groupId = $user['Group']['id'];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16270',
'hit' => '909'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20221108052429_sugar.jpg'
$user = null
include - APP/View/Articles/view.ctp, line 115
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Notice (8): Trying to access array offset on value of type null [APP/View/Articles/view.ctp, line 116]
//find the group of logged user
$groupId = $user['Group']['id'];
$user_id=$user["id"];
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16270',
'hit' => '909'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20221108052429_sugar.jpg'
$user = null
$groupId = null
include - APP/View/Articles/view.ctp, line 116
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Articles/view.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16270',
'hit' => '909'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$image = 'https://old.newbusinessage.com/app/webroot/img/news/20221108052429_sugar.jpg'
$user = null
$groupId = null
$user_id = null
$date = '2022-11-08 17:23:50'
$dateFromDatabase = (int) 1667907530
$newDate = 'Nov 08, 2022'
$articleView = array(
'article_id' => '16270',
'hit' => '909'
)
$word_count = (int) 591
$time_to_read = (float) 2.96
$time_to_read_min = (float) 2
$time_to_read_second = (float) 58
include - APP/View/Articles/view.ctp, line 241
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price.
This has led to a serious question: How will Nepal meet the demand for sugar?
The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023.
India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.
General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.
“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar.
At precent, the price of sugar has already reached Rs 107 per kg.
“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.
He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar.
Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.
“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.
Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.
FormHelper::create() - CORE/Cake/View/Helper/FormHelper.php, line 383
include - APP/View/Articles/view.ctp, line 273
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16270',
'hit' => '909'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 60]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16270',
'hit' => '909'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 60
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
file not found!
Notice (8): Undefined variable: file [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16270',
'hit' => '909'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
Warning (2): simplexml_load_file() [<a href='http://php.net/function.simplexml-load-file'>function.simplexml-load-file</a>]: I/O warning : failed to load external entity "" [APP/View/Elements/side_bar.ctp, line 133]
$viewFile = '/var/www/html/newbusinessage.com/app/View/Elements/side_bar.ctp'
$dataForView = array(
'article' => array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
[maximum depth reached]
)
),
'Slider' => array()
),
'current_user' => null,
'logged_in' => false
)
$article = array(
'Article' => array(
'id' => '16270',
'article_category_id' => '1',
'title' => 'India Extends Ban on Export of Sugar by One Year',
'sub_title' => '',
'summary' => 'November 8: The Government of India has extended the ban imposed on export of sugar by one year. ',
'content' => '<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">November 8: The Government of India has extended the ban imposed on export of sugar by one year. The Indian government took such decision to ensure the availability of sugar in the domestic market of India and also to control its price. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">This has led to a serious question: How will Nepal meet the demand for sugar? </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">The Government of India had initially banned the export of sugar from June 1 to October 31 so as to control the rising price of sugar. Issuing a recent notice, India’s Directorate General of Foreign said that the export ban will remain in force until October 31, 2023. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">India’s move is certain to increase the price of sugar in the domestic market of Nepal. Authorities expect blackmarketing to flourish amid such ban.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">General Secretary of Nepal Retail Trade Association Amul Kaji Tuladhar said that a large amount of sugar consumed in Nepal comes from India. Therefore, the ban imposed by India will directly impact the market price in Nepal, argues Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The last time when India decided to ban the export of sugar, its price increased from Rs 82 per kg to Rs 95 per kg in Nepal within weeks,” said Tuladhar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">At precent, the price of sugar has already reached Rs 107 per kg. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“The price of sugar is likely to climb further to Rs 110 per kg within a short time,” added Tuladhar.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">He argues that blackmarketing of sugar will stop only if the government takes full responsibility of distributing sugar which is essential for every household in the country. Tuladhar said that the Nepali importers did not open LCs for bringing in sugar after they were told that the domestic production of sugar will be enough to meet the demand. However, Tuladhar believes that the domestic production has not been able to make any impact. He says that the price of sugar has increased due to the illegal import of sugar. </span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Pankaj Joshi, general manager of Salt Trading Corporation, informed that the decision taken by India is certain to affect Nepal because India is the second largest exporter of sugar in the world.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">“We do not have any stock of sugar. In such a situation, India’s move will only help smuggling of sugar thrive,” said Joshi.</span></span></p>
<p><span style="font-size:11pt"><span style="font-family:Calibri,"sans-serif"">Nepal produces 180,000 tons of sugar annually while the demand for sugar in the domestic market is 280,000 tons. As a result, Nepal has been importing 100,000 tons of sugar every year.</span></span></p>
',
'published' => true,
'created' => '2022-11-08',
'modified' => '2022-11-08',
'keywords' => '',
'description' => '',
'sortorder' => '16011',
'image' => '20221108052429_sugar.jpg',
'article_date' => '2022-11-08 17:23:50',
'homepage' => false,
'breaking_news' => false,
'main_news' => true,
'in_scroller' => null,
'user_id' => '34'
),
'ArticleCategory' => array(
'id' => '1',
'name' => 'NEWS',
'parentOf' => '0',
'published' => true,
'registered' => '2015-07-20 00:00:00',
'sortorder' => '158',
'del_flag' => '0',
'homepage' => true,
'display_in_menu' => true,
'user_id' => '1',
'created' => '0000-00-00 00:00:00',
'modified' => '2018-11-22 11:58:49'
),
'User' => array(
'password' => '*****',
'id' => '34',
'user_detail_id' => '1',
'group_id' => '1',
'username' => 'neeraj.roy@newbusinessage.com',
'name' => null,
'email' => 'neeraj.roy@newbusinessage.com',
'address' => null,
'gender' => null,
'access' => '1',
'phone' => null,
'access_type' => null,
'activated' => true,
'sortorder' => null,
'published' => null,
'created' => '2020-07-19 16:40:23',
'last_login' => '2024-08-13 13:55:06',
'ip' => '172.69.41.137'
),
'ArticleComment' => array(),
'ArticleFeature' => array(),
'ArticleHasAuthor' => array(),
'ArticleHasTag' => array(),
'ArticleView' => array(
(int) 0 => array(
'article_id' => '16270',
'hit' => '909'
)
),
'Slider' => array()
)
$current_user = null
$logged_in = false
$xml = false
simplexml_load_file - [internal], line ??
include - APP/View/Elements/side_bar.ctp, line 133
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::_renderElement() - CORE/Cake/View/View.php, line 1224
View::element() - CORE/Cake/View/View.php, line 418
include - APP/View/Articles/view.ctp, line 391
View::_evaluate() - CORE/Cake/View/View.php, line 971
View::_render() - CORE/Cake/View/View.php, line 933
View::render() - CORE/Cake/View/View.php, line 473
Controller::render() - CORE/Cake/Controller/Controller.php, line 968
Dispatcher::_invoke() - CORE/Cake/Routing/Dispatcher.php, line 200
Dispatcher::dispatch() - CORE/Cake/Routing/Dispatcher.php, line 167
[main] - APP/webroot/index.php, line 117
