Govt moves to boost domestic sugar production
Summary
The Nepalese government has launched initiatives to boost domestic sugar production, promoting improved sugarcane varieties and modern farming technologies to reduce import dependence amid India's export restrictions.
Key Points
- The government is promoting improved sugarcane varieties and modern farming technologies to increase domestic sugar production.
- Production capacity of domestic sugar industries is planned to be enhanced.
- India has restricted sugar exports until September 30 due to domestic supply concerns.
- Current sugar stocks in Nepal are sufficient to meet demand for around eight months according to the Ministry of Industry, Commerce and Supplies.
