Food Management Company's Nepalgunj Warehouse Stocks 19,000 Quintals of Rice

Banke. The Food Management and Trading Company Limited's warehouse in Nepalgunj has stocked 19,000 quintals of rice.

Ramsharan Lamichhane, Chief of the Food Management and Trading Company Limited in Nepalgunj, informed that currently, 19,000 quintals of rice, including Jira Masino, Aruwa Masino, and Aruwa Moto varieties, are stored in the warehouse.

According to him, the warehouse currently holds five thousand quintals of Jira Masino rice, five thousand quintals of Aruwa Masino rice, and nine thousand quintals of Aruwa Moto rice. Additionally, 10,000 quintals of paddy, purchased this year and awaiting milling, are also in storage.

The retail and wholesale selling of the rice stored in the warehouse is ongoing. The Food Management and Trading Company sends supplies when demand is received from the districts of Karnali Province. Lamichhane stated that following a price adjustment for rice this time, the price has decreased by NPR 500 to 600 per quintal.

He explained that the price adjustment was made to compete with the local market because the rice supplied by the Food Management Company is of high quality and trusted by consumers. Lamichhane further mentioned that there are no issues as the Food Company depots in Humla, Jumla, Kalikot, Dolpa, Mugu, and Jajarkot in Karnali Province currently have sufficient rice, and stock is maintained to be sent immediately if needed.

This year, the Food Management and Trading Company purchased only 20,000 quintals of paddy in Banke. Many farmers from the district brought paddy for sale to the company, but they had to return as the company could not purchase all the paddy due to a low quota. This year, the government had set the purchase price for coarse paddy at NPR 3,463 per quintal and medium paddy at NPR 3,628 per quintal.