Government directs businesses to pass fuel price cuts to consumers
Summary
The Department of Commerce, Supplies and Consumer Protection has urged businesses to pass on recent fuel price cuts to consumers to keep goods and services affordable.
Key Points
- The Department of Commerce, Supplies and Consumer Protection has requested businesses to reduce prices following fuel price cuts.
- Minister Gauri Kumari Yadav instructed authorities to prevent artificial price hikes.
- The Nepal Oil Corporation lowered fuel prices effective June 30.
- Stakeholders are urged to comply with the Consumer Protection Act, 2018 to reflect price changes in the market.
