Fuel crisis, price hike hit business
KATHMANDU: Reports of adverse impact of the undeclared blockade by India at the border points, on the trade, business and tourism, have been received from different parts of the country.
In Kavre, it was reported that consumers are being cheated by some unscrupulous businessmen taking advantage of the fuel crisis. A local Lal Kumar Shrestha complained that the shopkeepers were found charging arbitrary prices for the same goods.
Similarly, other locals have complained that the traders were creating artificial shortage of goods and commodities and indulging in black marketing.
However, Kavre Chamber of Commerce Chair Sur Krishna Shrestha saw the hiking of prices as normal in such critical situations.
Assistant Chief District Officer Arjun Sharma said that they were monitoring the market and have brought many taking advantages of the crisis under the legal action.
Similarly, black marketing has also increased in the local markets in the hilly areas of Udayapur district.
The continuous Tarai/Madhes shutdown and the undeclared trade embargo by India have led to the shortage of goods in the local markets, prompting price hike and black marketing.
Likewise, in Mustang, the flow of Indian tourists has drastically reduced after the blockade. Usually, the number of Indian pilgrims who used to make a beeline at Kagbeni and Muktinath Temple, at this time of the year, went down this time following the lack of vehicles and the blockade.