Editorial | Punishing prices
Summary
Market prices in Nepal soar during the festival season despite government efforts, impacting travelers and consumers amid ongoing social and economic challenges.
Key Points
- Market prices in Nepal rise sharply during festivals, fueled by opportunistic traders and inadequate government oversight.
- Airline ticket prices have increased significantly, adding to travelers' burdens during the festive season.
- The government runs limited fair-price shops with minimal discounts, insufficient to curb market inflation.
- Efforts by the Department of Commerce to inspect markets are commendable but need to continue beyond the festival season to protect consumers.