Forbidden Export of All Sorts of Lentils
By KTM Metro Reporter in Kathmandu
On July 31, 2009, publishing a notice in the state-run newspaper ‘Gorkhapatra’, the Madhav administration has forbidden exporting all sorts of lentils from Nepal to stop the escalating prices of these items in the domestic market disregarding its impact on the national economy and the farmers growing such lentils.
No doubt the prices of such lentils has doubled in the past few months. The price rise of lentils is comparatively smaller than the price rise of other commodities such as vegetables and other food grains. The price of potatoes has trebled because the government has stopped importing potatoes. Prices of other vegetables grown even in the Kathmandu Valley and surrounding areas have skyrocketed because of an alliance of businesspersons controlling the market and setting the prices of all these commodities. The Madhav administration will do a better job of letting the market set the prices of goods if it could break up such an alliance of businesspersons letting the free trade of these commodities than stopping the export of some items and forbidding the import of other items.