Department Intensifies Market Monitoring Amidst Flood-Induced Shortages
Summary
The Department of Commerce, Supply and Consumer Protection will deploy 10 special teams in the Kathmandu Valley to monitor markets after floods and landslides disrupted supplies of food grains and cooking gas. Officials warned against artificial shortages and black-marketing as road blockades and panic buying strain transport and prices.
Key Points
- The Department of Commerce, Supply and Consumer Protection is expanding market monitoring from 4 teams to 10 teams in the Kathmandu Valley.
- Floods, landslides and road blockades have disrupted transport of food grains and raised fears of artificial shortages.
- Officials said existing stock cannot legally be sold at higher prices just because transport conditions have worsened.
- The department warned of immediate action if purchase and sale prices do not match past records.
