Nearly 9,000 people lost their lives when a 7.8-magnitude earthquake ripped through the Himalayan nation in April 2015, destroying more than half a million homes and leaving thousands without food or shelter.
Initial estimates by the World Food Programme (WFP) said that around 1.4 million people were in urgent need of emergency food supplies, prompting governments to spring into action to help the desperately poor country.
According to the state-run Nepal Food Corporation (NFC), Dhaka and Beijing donated around 11,200 metric tonnes (11,020 tons) of rice, only 20 per cent of which was distributed by the government to quake victims.
"So we started selling the rice last month and will deposit the proceeds in a fund operated by the government," Karki told AFP.
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No further details about the fund were available.
Kathmandu stopped distributing rice across quake-hit districts last June, just weeks after the disaster, according to Karki.
Yet more than a year later, disaster victims continue to be at risk of food shortages, aid officials told AFP.
The NFC's Karki said that authorities also plan to dispatch 3,400 metric tonnes of donated rice to the remote Karnali region following last year's poor monsoons and a prolonged winter drought, but no supplies had been sent yet.
With an estimated four million people still living in temporary shelters, Nepal has asked for USD 8.4 billion in aid to help rebuild the country.
Stung by criticism, the government has vowed to kickstart the rebuilding of schools and hospitals and speed up the distribution of a USD 2,000 payout to homeless households.