Banana prices soar in Kathmandu
Summary
Banana prices in Kathmandu Valley have surged to Rs250-300 per dozen due to import restrictions from India following concerns over a fungal disease, Tropical Race 4. Domestic production covers peak season demand, but restricted imports during the dry season have driven prices up sharply.
Key Points
- Banana prices in Kathmandu Valley have soared to Rs250-300 per dozen due to import restrictions on Indian bananas.
- The import ban was imposed to prevent the spread of Tropical Race 4, a damaging fungal disease affecting banana crops.
- Domestic production meets demand between July and November, but imports fill the gap for the rest of the year, now disrupted.
- Illegal imports persist, causing revenue loss and health risks, while farmers accuse middlemen of inflating prices.
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