69.3k views
2 votes
at the present time the price hike is increasing day by day due to the import of fuel so write any four practical measures how can you reduce the price hike in Nepal​

User Ralismark
by
2.9k points

1 Answer

1 vote

Answer:

1. create oil fracking sites in nepal

2. allow the government to set price limits on certain necessary goods

3. create better trade deals with countries where nepal would profit as well instead of buying fuel from other countries

4. look into alternate energy sources such as wind, water, nuclear, solar etc

Step-by-step explanation:

1. making it yourself is cheaper than importing with foreign taxes

2. the government implimenting set prices prevents there from being too much added inflation and price gouging

3. negotiating better trade deals would benefit both nepal and the country supplying the fuel as both countries would get what they want

4. different sources of energy would prevent nepal from relying too much on other countries for fuel a resource they don't have too much of so if they could produce their own energy they wouldn't have to spend so much importing fuel

User Alexander Oprisnik
by
3.9k points