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  • COVID-19 Inflicts NPR 2 Bn Loss on Nepal Dairy Industry!
    Saturday 20th April 2024

    COVID-19 Inflicts NPR 2 Bn Loss on Nepal Dairy Industry!

    The supply of milk and dairy products has reduced by 75% in the urban areas due to COVID-19 lockdown.
    Business

    Coronavirus

    Government

    News

     
    COVID-19 Inflicts NPR 2 Bn Loss on Nepal Dairy Industry!

    So far, the Nepali Government has somehow managed to curtail the coronavirus cases in the country. However, the country couldn’t withstand the socio-economic crisis inflicted by the deadly contagion.

    Owing to the stringent lockdown implemented by the government, the milk and dairy products worth NPR 2 billion have been damaged.

    According to the Dairy Association, dairy products worth NPR 5 billion are still in stock and seems on the verge of deterioration.

     

    Meanwhile, the Dairy Association has discussed the ‘dairy concerns’ with the Association Chairpersons in the seven provinces of the country through video conference on April 15, 2020.

    “The supply of milk and dairy products has reduced by 75% in the urban areas since the lockdown was imposed to stem the spread of the Coronavirus,” said Pralhad Dahal, Nepal Dairy Association General Secretary.

    Nepal Dairy Association

    The Association has requested the Nepali Government to implement strategies to mitigate the wastage of the milk and dairy products.

    Likewise, it requested the government to help the dairy business and farmers by managing zero-interest loan and waiving VAT and taxes.

    Moreover, Pralhad Dahal urged the Federal and State Governments to include dairy products in relief package to be provided by the government.

    Nepal Dairy Business

    So far, Nepal has reported 14 coronavirus positive cases. However, the first case has already recovered and discharged.

    As of today, the coronavirus has spread to 210 countries and territories around the world and infected 2,005,539 people while claiming 126,858 lives.

    Stay Tuned to NepaliSansar.com for Latest Updates on COVID-19!


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