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Home Prime News

Market monitoring intensified, 175 firms face action

CEO Tab by CEO Tab
September 24, 2022
in Prime News
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Market monitoring intensified, 175 firms face action

This image shows the office building of the Department of Commerce, Supplies and Consumer Protection in Babarmahal, Kathmandu in August 2021. Photo courtesy: Anash Uddin

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The Department of Commerce, Supplies and Consumer Protection has intensified market monitoring in the wake of approaching festivals. The Department monitored 272 firms last week.

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A team of inspectors mobilized by the Department fined Rs 200,000 to a department store at Madhyapur Thimi, Bhaktapur on Wednesday. The Department fined the department store after the store changed the standards, price and weighs of the goods by violating the rules.

Similarly, the team on Thursday fined Rs 200,000 to a grocery located at Imadol of Lalitpur reasoning that the shop was found cheating consumers. A total of 844 firms were monitored since July 17, among which 175 firms were fined. A total of Rs 3.531 million revenue was collected from the fine. Inedible goods worth Rs 2.399 million was destroyed during the inspection, according to the Department.

The monitoring team directed the firms facing action to keep registration document updated, display price list and registration certificates which the consumers can see easily and be present at the Department along with sales bill.

Ten monitoring teams of the Department monitored groceries, vegetable and fruit shops, pharmacies, fresh houses, liquor store, dairy, cosmetic stores and sweet shops. Director at the Department, Hari Pangeni, said that they accelerated market monitoring with an objective that consumers would not be cheated when buying goods during the festivals.

Meanwhile, organisations working for the rights of consumers shared that the government had not been able to carry out market monitoring effectively. Chairperson of Consumer Rights Research Forum, Madhav Timilsina, shared that the government mechanism had not been able to carry out effective works in order to protect and promote consumer rights.

He mentioned that there was a trend of cheating consumers in different pretexts in the market as the government had no clear data of supply and consumption of daily essentials.

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