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Wrong Sugar Dealing, CIAA Needs To Investigat

Issue October 2018

Wrong Sugar Dealing, CIAA Needs To Investigate

October 12, 2018

 

Kathmandu: The sub-committee of the Parliamentary Public Account Committee has submitted a report stating the wrong sugar dealing consequently requiring investigating the price rise through the Commission on Investigation into Abuse of Authority (CIAA). The sub-committee concluded that stopping the import of sugar, an environment conducive to the price rise of sugar had been created. It also stated that the price of sugar was set not enforcing the agreement the prime minister, the minister, lawmakers, sugarcane farmers and sugar industries had reached. According to the agreement, sugar could be sold at NPR 63 per kilo but the price was set at NPR 70 per kilo. So, CIAA should investigate it, the sub-committee said, the news in “gorkhapatra’ stated on October 12, 2018.

 

In April 2018, the sugar industries had stated that they could sell sugar at NPR 53 without the VAT but now the import of sugar was stopped thus paved the way for increasing the price of sugar. Some lawmakers charged the Ministry of Finance and the Ministry of Commerce with playing the role in increasing the price of sugar, the news in “gorkhapatra” stated.

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