India’s protectionist policies squeeze Nepali markets and raise food security fears

AI Summary

India's repeated export curbs on essential goods like sugar and rice are straining Nepali markets, resulting in inflation fears and concerns about food security. Experts warn this growing dependence on Indian imports could lead to significant shortages and pressure on Nepal's foreign currency reserves.

Repeated export curbs on sugar, rice and other essentials expose Nepal’s heavy dependence on India as officials and experts warn of inflation, shortages and rising pressure on foreign currency reserves.