CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment
No Result
View All Result
CEO Tab
No Result
View All Result
Home Prime News

Government Moves to Enforce MRP Labeling on Essential Goods

CEO Tab by CEO Tab
March 30, 2025
in Prime News
0
Government Moves to Enforce MRP Labeling on Essential Goods
78
SHARES
1.3k
VIEWS
Share on FacebookShare on Twitter

In an attempt to save face, the government has once again reiterated the enforcement of a rule requiring manufacturers and importers to display the maximum retail price (MRP) on essential goods. Despite being introduced in laws over a decade ago, the provision has not been effectively implemented.

You might also like

Nepal’s Economy Projected to Reach Rs 6.6 Trillion, but Growth Slows to 3.85%

FNCCI Reschedules 60th AGM and Leadership Election for May 4 After Court Stay

NPC Says Upcoming Budget to Emphasize Governance Reform and Long-Term Economic Growth

On Thursday, the Department of Commerce, Supplies, and Consumer Protection (DoCSCP) issued a public notice directing manufacturing firms and importers to ensure proper labeling on their products. The labels must include MRP, manufacturer details, batch number, expiry date, and, where applicable, standardization marks and informative symbols.

The directive aligns with consumer rights provisions outlined in the Constitution and the Consumer Protection Act 2018. The DoCSCP has set a deadline of April 2 for compliance.

A similar rule was first announced in the Nepal Gazette on September 17, 2012, mandating price tags for 32-33 essential items, including food products, milk, education fees, cement, and iron rods. However, the government failed to enforce it effectively.

The recent push for enforcement follows a controversial price hike in cement and iron rods. In the past month, cement prices have risen by around Rs 150 per sack, while iron rod prices have surged from Rs 76 to Rs 90 per kg.

Kumar Prasad Dahal, Director General of the DoCSCP, stated that the department will conduct rigorous market monitoring to ensure compliance. “Our goal is to maintain transparency and promote healthy competition in the local market,” he said.

Despite the directive, entrepreneurs remain hesitant to comply. Keshab Upreti, former General Secretary of the Nepal Cement Manufacturers’ Association, argued that fixing an MRP for construction materials is impractical due to transportation cost variations across different locations.

Share31Tweet20
CEO Tab

CEO Tab

Recommended For You

Nepal’s Economy Projected to Reach Rs 6.6 Trillion, but Growth Slows to 3.85%

by CEO Tab
April 29, 2026
0
Nepal’s Second Economic Census to Begin on March 15

Nepal’s economy is projected to reach Rs 6.6 trillion by the end of the current fiscal year (FY), marking an increase of Rs 401 billion, according to preliminary...

Read more

FNCCI Reschedules 60th AGM and Leadership Election for May 4 After Court Stay

by CEO Tab
April 29, 2026
0
Nepal trails behind many countries in 13 global indices

The Federation of Nepalese Chambers of Commerce and Industry (FNCCI) has announced that it will hold its 60th Annual General Meeting (AGM) and leadership elections on May 4....

Read more

NPC Says Upcoming Budget to Emphasize Governance Reform and Long-Term Economic Growth

by CEO Tab
April 29, 2026
0
NPC directs to carry out a feasibility study of tunnel in Myagdi

National Planning Commission (NPC) member Dr Sanjay Acharya has said the upcoming Fiscal Year (FY) 2026/27 budget will focus on strengthening good governance and laying the foundation for...

Read more

Nepal Launches One-Stop Digital Service Center to Streamline Investment Process

by CEO Tab
April 29, 2026
0
Investment Board to approve investment worth $10 billion  in 5 years

The Investment Board Nepal (IBN) has introduced a one-stop service center aimed at making investment procedures easier and more accessible for potential investors. The board has launched an...

Read more

Nepal’s Capital Gains Tax from Share Trading Falls by 36%

by CEO Tab
April 27, 2026
0
Govt collects CGT of Rs 4.23 billion in first month this FY

The government collected Rs 8.17 billion in capital gains tax (CGT) from share transactions during the first nine months of the current fiscal year, marking a 36.44 percent...

Read more
Next Post
World Bank projects Nepal’s GDP growth 1.9% in 2023, 3.9% in 2024

World Bank Approves $150 Million for Nepal’s Bridge Resilience Program

Browse by Category

  • Corporate
  • Entertainment
  • Featured
  • International
  • Major Story
  • Next Gen
  • Opinion
  • Prime News
  • Special Report
  • Tete – A – Tete

EDITOR

Manish Raj Poudel
info@ceotab.com
9841317747


PUBLISHED BY

Welcome Group
www.welcomeadnepal.com

Publisher

www.ceotab.com is a premium news portal being run by Welcome Group. The website features quality business/economic news contents,  in-depth profiles of companies, stories of struggle and success of entrepreneurs, articles that assess various dimensions of  the commerce, trade and economy.

Editor

Manish Raj Poudel

info@ceotab.com

9841317747

Sub-Editor

Riza Poudel

poudelriza@gmail.com

Archives

© 2023 CEO Tab. All rights reserved.

No Result
View All Result
  • Home
  • Prime News
  • International Market
  • Special Report
  • Corporate
  • Opinion
  • Next Gen
  • Entertainment

© 2023 CEO Tab. All rights reserved.