KATHMANDU: The Department of Commerce, Supplies and Consumer Protection has urged businesses to reduce the prices of goods and services following the recent cut in fuel prices, saying the benefit should be passed directly to consumers.

Acting on instructions from Minister for Industry, Commerce, and Supplies Gauri Kumari Yadav, the department called on traders, transport operators, and service providers to adjust prices after the Nepal Oil Corporation lowered fuel rates effective June 30.

The department said the minister had directed authorities to prevent artificial price hikes and ensure essential goods and services remain affordable. It also urged all stakeholders to fulfill their responsibilities under the Consumer Protection Act, 2018, so that the impact of lower fuel prices is reflected in the market.