By TNW correspondent
Despite the promising initiative in governance and public service delivery by PM BalenShaha government, the price rise in market is the reality biting the people.
All consumer goods including basic ones have witnessed price rise in the past two weeks mainly as a result of costly petrol, gas and diesel. The energy sector has suffered badly because of war in the Middle East. Its multiplier effect has rocked the whole economy.
According to stakeholders of the market, the government should do something effectively to comfort the pain felt by consumers particularly the ones with fixed income. “The price rise would adversely impact the new government plan to ease public service delivery.”
Those who monitor the mart smell some undesirable trend of price hike for no reason and for just reaping windfall profit out of the chaos in energy market.
With the international scenario looking unstable and unpredictable, Nepal should devise a short and long term energy policy for coping with the current price hike, said a senior economist.
“Special care should be taken for not allowing shop keepers cheat consumers in price and quality; for this a robust market monitoring scheme should be introduced.”
“The same should, however, not demotivate the sector concerned particularly the investors, suppliers and distributors,” pointed out a media analyst.
