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Thursday, October 21, 2021
    Nepal Breaking NewsEconomy | FinanceTatopani revenue collection fell short of expectations

    Tatopani revenue collection fell short of expectations

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    Last fiscal year, income collection at Sindhupalchowk’s Tatopani Point, which serves as a significant transit point between Nepal and China, fell short of expectations.

    Revenue of Rs 1.2 billion was received from the point in fiscal year 2020-21, compared to a target of Rs 5.47 billion, to Office information officer Chandra Poudel.

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    Due to the protracted closure of the Bridge due to damages caused by a flood and landslide, as well as the coronavirus pandemic, the transit point was only operational for four months last fiscal year. The import of commodities was likewise less than the aim the point was open.

    Prior to the 2015 Earthquake, this place used to generate daily revenue of about Rs 15 million. It had been closed for more than five years following the quake. However, various natural calamities have hampered its full-fledged operation.

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