The value of the yogurt crossed Rs 1.5 billion and it was sold only in the formal sectors as people celebrated Asar 15 on Saturday

KATHMANDU, June 29: On Saturday, which fell on 15 Asar, the turnover of yogurt in the formal sector alone stood at over Rs 1.54 billion. The day, also celebrated as National Paddy Day, is known across the world as the day for eating yogurt, beaten rice and bananas in the country.

Apart from this, there is also an estimated 500 million rupees business in the informal sector in the informal sector.

The quantity of yogurt was sold exclusively on behalf of Dairy Development Corporation (DDC), Nepal Dairy Association and Dairy Industry Association.

An estimated 6.2 million liters of yogurt were sold by three dairy vendors on Saturday. Pralhad Dahal, president of the Nepal Dairy Association, said the yogurt was sold at an average price of 170 rupees per liter.

In addition, according to President Dahal, Juju Dhau from Bhaktapur and additional yogurt worth at least Rs 500 million were sold through registered dealers across the country.

According to Arniko Raj Bhandari, former president of the Dairy Industry Association, yogurt sales on Asar 15 increase twice as compared to normal days.

On normal days, the daily consumption of yogurt from the formal sector is 727,000 litres.