Kathmandu, October 13
After the government warned them of legal action after an arrest if they unilaterally hike the price of drinking water jars, water bottlers have withdrawn their decision.
Earlier, Nepal Bottled Water Industry Association had said it recently fixed the maximum retail price of a 20-litre jar at Rs 50 whereas the jar was available for a less price in the market.
Following the news came out, the Department of Commerce, Supplies, and Consumer Protection Management had summoned the association for a discussion and warned of action. During the discussion, the bottlers signed an agreement to withdraw their price hike decision, according to the department’s information officer Rabindra Acharya.
The association has agreed to issue a circular to its members to not implement the newly fixed price, Acharya informs, adding the department will monitor if the agreement is followed in the market.