Banana Prices Surge in Kathmandu Following Import Restrictions
Kathmandu. Banana prices have seen an abnormal increase due to supply falling short of market demand. The government's decision to restrict the import of Indian bananas has directly impacted market prices.
Consumers report that the price of a dozen bananas has reached as high as 350 rupees in the retail market. Due to the shortage, several wholesale shops at the Kuleshwor Fruit Market have been forced to close.
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Fruit trader Dilip Raut stated, "Local production is unable to meet the demand. We have had to close some shops due to the lack of bananas. We are in a difficult position and struggling to cover our expenses." Photos: Bizen Amatya/Nepal Photo Library
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