Over 1,300 business firms monitored in first four months of current FY

This image shows the office building of the Department of Commerce, Supplies and Consumer Protection in Babarmahal, Kathmandu in August 2021. Photo courtesy: Anash Uddin

KATHMANDU: The Department of Commerce, Supplies and Consumer Protection (DoCSCP) has carried out monitoring at 1,355 business firms in the first four months of the current fiscal year 2021/22.

The monitoring was carried out at various places including Kathmandu valley. As many as 388 firms were monitored in the month of Kartik (from October 18 to November 16) and took action against 176 of them for not abiding by the law.

The Department collected revenue of Rs 7.11 million from fines slapped on those business firms found involved in unfair trade practices. Of the total firms monitored, nearly half were fined, Department’s Director Hari Pangeni said.

According to Pangeni, the Department fined 667 firms and reprimanded 668 firms in the last four months. Similarly, samples of goods were collected from 10 firms for lab test, three people involved in business malpractice were arrested and 10 firms were sealed during the period.

Groceries, department stores, goat market, the fruits and vegetable markets, meat shops, liquor stores, marts, hardware stores, sweet shops and electronics goods stores, among others were monitored during the festival period.

The Department had mobilised three separate market monitoring teams in the three districts of the Kathmandu valley during the festival period. These teams are still active although the festival period is over, Pangeni said.

Source: RSS

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