Stories By 'Binod Bhandari'
Sugarcane farmers in Morang and Sunsari were forced to borrow to manage expenses this festive season as the sugar mill failed to pay them for the raw material.
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The government’s decision to impose value added tax (VAT) on the tractor imports has adversely affected farmers who are already struggling with the shortage of labourers in the agriculture sector.
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Prices of vegetables have doubled in the eastern Nepali city of Biratnagar due to heavy rainfall, which has inundated most of the vegetable fields.
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Tractor imports have come to a halt in the country after the government brought the vehicle into the value added tax (VAT) network.
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Biratnagar, once the country’s industrial capital and second largest city, has been slowing down.
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The Eastern Region Office of Nepal Oil Corporation (NOC) has increased scrutiny of refueling stations located in the eastern Tarai suspected of smuggling to neighboring cities in India. Price of diesel is Rs 20 cheaper per litre in Nepal compared to India as well as price of petrol being Rs 13 cheaper per litre in Nepal.
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