Business & Economy

Directives to control price hike of daily essentials

KATHMANDU:- The Department of Commerce, Supplies and Consumer Protection has directed producers, importers and distributors to stop the sudden and unjustified price hike seen in daily consumer goods in the market.

Issuing a press statement on Wednesday, the Department has directed all concerned to control unnecessary price hikes in the market and maintain a competitive and fair market system.

“The major producers, importers and distributors of food grains and oil are instructed to provide their goods or services without taking unfair profits and to provide relief to consumers by addressing the unnatural price hike,” the statement says.

The department says its serious attention has been drawn to the complaints received from the consumers and reports in the media regarding the unnatural price hike and shortage in supply of daily necessities including edible oil, cooking gas, staple rice, etc.

The right of consumers to receive quality goods and services in accordance with the Consumer Protection Act, 2075 BS and the Consumer Protection Regulations, 2076 BS shall be ensured by adopting all measures as required.

For this, joint market monitoring is being carried out to check on the producers, sellers, importers, stockpilers, and service provider firms and establishments of essential and daily consumable goods in the country. RSS

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