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Ensure effective market monitoring, PM directs authorities

Khabarhub

March 23, 2023

3 MIN READ

Ensure effective market monitoring, PM directs authorities

Prime Minister Pushpa Kamal Dahal 'Prachanda'.

KATHMANDU: Prime Minister Pushpa Kamal Dahal ‘Prachanda’ has directed the Inland Revenue Office, Department of Revenue Investigation and Department of Commerce, Supplies and Consumer Protection to make market monitoring effective.

During a discussion held at the Office of the Prime Minister and Council of Ministers at Singha Durbar, today, Prime Minister Dahal said there would be no effective result until market monitoring is carried out jointly.

He opined, “All the policy-level arrangements related to revenue evasion control should be effectively implemented. Inland Revenue Office, Department of Revenue Investigation and Department of Commerce should jointly carry out market monitoring in a strong and effective manner.”

The PM also asked the Department of Revenue Investigation, security bodies and local administration to mobilize a joint team to control illegal import.

“Make preparation for policy-level review where there should be at least 10 per cent difference in custom rate of raw materials and readymade goods”, he mentioned.

The Prime Minister directed for creating an environment for bringing effectiveness in the quality of goods by preparing the national standard for import.

He made it clear that now there should not be a situation in which discussions are held and policies are formulated but not implemented.

PM Dahal issued instruction for making arrangements so that the monitoring is carried out not only at the border but it is also done in the domestic market as well.

Finance Secretary Toyam Raya, Revenue secretary Ram Prasad Ghimire, Secretary at the Office of the Prime Minister, Ganesh Prasad Pandey, Director General of the Department of Inland Revenue Dirgha Raj Mainali, Revenue Investigation Department director-general Narayan Sapkota, Department of Customs director-general Chakra Budha, office-bearers at the Prime Minister’s Secretariat and businessmen participated in the discussions.

Representatives of the business community on the occasion urged the government to pay attention to formulating the policies and programmes and implementing them so as to encourage the domestic production.

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