2068/69 Budget of Nepal burden for general costumers

"The budget for the fiscal year 2068/69 BS is all likely to inflict more burdens on general consumers with inflation", the Consumers' Forum Nepal said.

The general consumers will across additional burdens even on the consumption of daily commodities including food items, though the government's decision to make a hefty review salaries of employees on pressure from the trade union organizations associated to the ruling parties will ease the day-to-day life of civil service employees, the forum concluded.

Though the budget has made provisions to arrange subsidy price shops to make market monitoring effective and take a strong action against those involved in price manipulation, it is hardly possible to bring entrepreneurs involved irregularities to book due to a lack of appropriate mechanism and human resource, the Forum added.

The current budget has not shown its targets towards steering the country to self-reliance by replacing the imports, making food and industrial products a main base of economy', the forum commented, adding it is crystal clear that a burden will be added to daily consumption goods and services.

The forum has urged the government to review the budget since it is not in the interests of consumers.