Nepal\u2019s imports and exports, that suffered a setback amid the pandemic, have bounced back as the global economy is reopening gradually.<\/p>\n
The Himalayan nation imported automobiles worth NPR 21.84 billion in the first two months of the current fiscal year 2021\/22. The spike in automobile imports is mainly attributed to the increase in purchase of electrical vehicles.<\/p>\n
According to the Department of Customs (DoC), vehicles worth over NPR 11 billion were imported just in the Nepali month of Bhadra (mid-August to mid-September). In the previous month, the automobile imports stood at NPR 10.14 billion.<\/p>\n
The nation witnessed massive import of electrical vehicles in the last two months after the government announced tax benefits for green vehicles.<\/p>\n
In the reviewed period, Nepal imported 143 units of electrical vehicles, a huge increase from last fiscal.<\/p>\n
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In the entire last fiscal, the nation imported 131 electrical vehicles.<\/p>\n
Even the ruling party has allocated NPR 1.76 billion budget to purchase vehicles for government offices. It is twice the amount allocated under the heading in the FY 2020\/21 budget.<\/p>\n
Stay Tuned to NepaliSansar for Latest Nepal Economy News<\/a>!<\/strong><\/p>\n More News:<\/strong><\/p>\n Nepal\u2019s imports and exports, that suffered a setback amid the pandemic, have bounced back as the…<\/span><\/p>\n
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