The Himalayan Times : Strikes fuel black-marketing - Detail News : Nepal News Portal

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Strikes fuel black-marketing

   
  

SOM NATH BASTOLA

ITAHARI: Traders in Sunsari are selling petroleum products at a rate much higher than the market price citing frequent bandhs in the region, it is learnt.

The general public has been compelled to pay more than five times the normal price for fuel as Nepal Oil Corporation’s dealers stopped selling petroleum products.

A litre of petrol, officially priced at Rs 120, now costs around five hundred rupees in Itahari. Locals are buying petrol from retail shops outside, hotels, and restaurants in the western part of Itahari at exorbitant prices.

As shops, who do not have the permits to sell petrol, flout rules the administration says it is oblivious to the situation.

“We have information that black marketing is going in the district. We have booked some of the culprits,” said Sunsari Chief District Officer Laxman Thapa. “However, we have no reports that traders in Itahari, Tarahara and Dharan are selling petrol above market prices.”

Petrol pumps themselves are involved in black marketing taking advantage of the strikes, locals allege. A man selling petrol in Tarahara said people are willing to queue up to buy petrol for Rs 500 per litre.

“The administration will start an investigation and stop black marketing. We will take action against the guilty,” said CDO Thapa.

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