Kathmandu, At the time of the lockdown, traders were selling at the market by increasing the prices of daily necessities.
It has been found that the wholesalers are selling the goods to the retailers at arbitrary prices saying that the goods are not produced and the market demand is not being met. Consumers are forced to buy daily necessities at the price stated by the seller.
Ram Krishna Manandhar, vice-president of the Nepal Retail Trade Association, said that wholesalers in the market are selling goods to retail shops by increasing prices arbitrarily.
Manandhar said, “Big traders and wholesalers are selling goods to retailers at arbitrary prices.” When we ask the big traders why the price has gone up like this, they are saying that the price has gone up due to a shortage of goods in the market. If you bring goods at one price today, the price will go up tomorrow.”
An employee assigned to the monitoring said that there is a fear that the chain supply will be disrupted when the Commerce Department monitors and takes action. Therefore, the government is afraid that the distribution system will deteriorate while monitoring the market.
According to the retail trade association, prices of edible oil, sugar, rice, tea, pulses, and nuts have gone up. Lately, prices of oilseeds like sunflower, sunflower, soybean, and mustard have been rising steadily. Oil prices have risen since the last crackdown.
A year ago, the price of various edible oils ranged from Rs 130 to Rs 150 per liter. The price of the same oil has gone up from Rs 220 to Rs 260 in a span of one year.
According to Manandhar, the price of tap mustard oil and sunflower oil has gone up from Rs 250 per liter to Rs 260 per liter. The price of soybean oil has gone up from Rs 230 per liter to Rs 250 per liter.
Some time ago, the Commerce Department had asked the government to disclose the reasons for the rise in oil prices.
The oil industry had informed the Commerce Department that the cost of oil production has gone up due to the increase in the price of raw material for oil production in the international market.
Sugar, which used to cost Rs 80 to Rs 85 after the lockdown was imposed, has now reached Rs 90 to Rs 100 per kg.
The price of various brands of rice has gone up by Rs 50 to Rs 100 per bag. According to Manandhar, wholesalers have been saying that the price of rice has gone up due to lack of transportation and labor.
The government has banned the import of corn and pepper. However, Manandhar said that the price of corn that came to Nepal illegally was not fixed.
The price of tea has also skyrocketed in a year. A year ago, various brands of tea leaves cost Rs 300 to Rs 350 per kg. At present, it is being sold at Rs 500 to Rs 550 per kg, according to the Retail Trade Association.
Spokesperson of the Department of Commerce Supply and Consumer Protection Shivaraj Sedhai said that market monitoring is ongoing.
Sedhai said, “The department is now regularly monitoring food and health items.” The rise in the price of edible oil in Nepal is due to the rise in the price of crude oil produced in the world market. We are constantly monitoring to ensure that consumers are not harmed during this epidemic. ‘
Chairman of the Consumer Interest Protection Forum and senior advocate Jyoti Bania said that the government has not been able to work according to the Kolobajari Act.
“The government has not paid attention to the social and economic health of the people,” he said. At a time when the black market has to be stopped by using the existing law, the government is pretending that it has not seen any looting by the traders. If the government fears that the market supply system will deteriorate during the monitoring, then it is time to move forward by making the Food Corporation effective. ‘