Inflation stood at 9.7 per cent in the sixth month of
the current fiscal year, according to the central bank.
A month ago, in the fifth month, the price hike index
stood at 10.3 per cent, though the government has claimed to contain it under
7.5 per cent.
The government has vowed to take stern
action against black marketeers and traders,
who create artificial shortage of goods.
During a meeting of the Price Hike Control Monitoring Committee held
at the Office of the Prime Minister and Council of Ministers today, the team decided
to take effective action against anyone carrying out syndicate and cartel.
Secretary at the Office of the Prime Minister and Council of
Ministers Krishna Hari Banskota on the occasion directed the regulatory authorities
to take strong action against the black marketers, who are responsible for creating
artificial shortage, hoarding and cartel.
He also urged the regulatory authorities to discourage middlemen, prevent
cartel in transport fare and make display of price list mandatory.
Secretary at the Ministry of Commerce and Supplies Madhav Regmi
informed that market monitoring has been intensified and those found distorting
the fair market practice will be prosecuted.
Likewise, director general of the Department of Transport
Management Sudarshan Dhakal said that presently 40,000 transport trucks were in
operation and a provision has been implemented under which 10-wheel trucks
operating from Birgunj to Kathmandu were not allowed to charge more than Rs 23,000.
"The department will take action against transport syndicate," he
added.
General Manager of Nepal
Food Corporation Shiva Hari Shrestha briefed the meeting of food grain stock
and supply situation. "Rice grain has been transported to 23 remote
districts," he said, adding that the corporation presently has 155,000 quintals
rice grain in stock and 90,000 quintals of paddy worth Rs 300 million has been
bought from farmers. "The corporation plans to purchase 1.5 million
quintals of paddy in the current fiscal year and Rs 460 million will be provided
as transportation subsidies."
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