Department Directs Producers, Importers to Adjust Unjustified Price Hikes on Essential Goods

Kathmandu. The Department of Commerce, Supply and Consumer Protection has directed producers, importers, and distributors to adjust the abnormal price increases observed in consumer goods.

The Department issued a press release on Wednesday, directing the control of unnecessary price hikes in the market to maintain a competitive and fair market system.

The press release stated, "Major producers, major importers, and distributors of food grains and oil were called in and directed to provide their goods or services without taking undue profit and to provide relief to consumers by adjusting the abnormal price increases."

The Department noted that it has taken serious note of complaints received from the consumer level and public media regarding the abnormal price increases and supply shortages of essential daily consumer goods such as edible oil, gas, and rice in recent times.

The Department clarified that it remains continuously striving and committed to ensuring consumers' right to quality goods and services in accordance with the Consumer Protection Act, 2075, and the Consumer Protection Rules, 2076. For this purpose, joint monitoring, with the cooperation of other agencies, is being carried out at the producers, sellers, importers, stockists, and service provider firms and establishments of essential and daily consumer goods.