Federation Demands Solution to MRP Implementation Issues

Kathmandu. The Federation of Nepal Industries and Commerce has demanded that the government arrange for the immediate resolution of problems seen in the implementation of the decision to impose Maximum Retail Price (MRP). The Federation made this demand at a press conference in Kathmandu on Sunday.

Federation Chairman Khimnarayan Parajuli stated that it has become necessary to pressure the government to immediately resolve the complexities seen in the implementation of the said decision in large hotels and other tourism sectors. He also cautioned the government not to make any decisions that would put unnecessary pressure on businessmen.

Speaking at the press conference, Chairman Parajuli said, 'Although the MRP system, brought with the objective of establishing price transparency in the market and controlling irregularities, is welcome, it is necessary to make its implementation practical, easy, and business-friendly. The MRP system is possible only by making the business environment business-friendly by gradually eliminating low invoices, keeping in mind Nepal's market structure, the condition of small and medium-sized businesses, production and distribution systems, and practical aspects of customs and tax processes.'

'There should be sufficient consultation and coordination with industrialists, businessmen, and stakeholders. Facilitation and orientation programs are necessary for small businessmen. There should be a system to clarify the tax and billing system. We urge the government to ensure that businessmen are not subjected to unnecessary pressure in the name of market management. The government should immediately arrange for discussions with the concerned parties to solve the problems seen during the implementation of the MRP policy,' he added.

The Federation has also drawn the government's attention to making the implementation of MRP practical, easy, and business-friendly, and to make small businessmen aware of the said matter.