”It cannot be said that domestic consumers have to pay higher prices than in countries where cement is exported, and that it is not motivated by selfishness.”
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The Public Accounts Committee has instructed the government to immediately control the price increase in cement. The Public Accounts Committee meeting under the House of Representatives held on Wednesday instructed the government to intervene and control the price of cement which has increased abnormally recently.
Chairman of the committee, Rishikesh Pokharel informed that the committee has reached the conclusion that there is an unnatural increase in the price of cement and has decided to instruct the Ministry of Industry, Commerce and Supply to control it immediately. The committee has also instructed the government to conduct a necessary study on the price of cement and submit an answer within seven days.
The Ministry of Industry, Commerce and Supply has been instructed to conduct necessary studies and control the abnormal price increase. "Demand and supply and competitive market, determining the price of goods and services, is the primary basic aspect, protection and promotion of consumer interests. It seems that the price increase of cement, the main construction material required for the construction of physical infrastructure, will also increase the cost of public physical infrastructure construction. Although there is open market competition, the price increase that can be done by the consumers' organization and agreement is challenging and irresponsible, so the intervention of the relevant ministry seems necessary. Price increase should be fact based and justified. The subject of adjusting the price to compensate for the old loss cannot be considered valid.' The
committee has instructed the government to immediately take measures to control the price increase. "Since the increase in the price of cement is unnatural, the committee directs the Ministry of Industry, Commerce and Supply to conduct a detailed study and investigation to control the price increase immediately," the committee's instructions said, "to develop and implement a pricing system to regularly test the prices of goods and services. and instructs the Ministry of Supply. It has been decided to instruct the Ministry of Energy to inform about load shedding in the cement industry.
Committee has instructed the Ministry of Industry, Commerce and Supply to develop and implement a pricing system to determine the prices of goods and services regularly. ;.
