Demand to declare emergency in construction sector
-
Media Baaji
- Sun, 12 April 2026
Kathmandu. The Construction Industry Council has demanded to declare an emergency in the construction sector. In a statement issued by the council, it is said that the industry has come to a standstill due to the excessive increase in the price of construction materials. The statement said that due to the Middle East war, there has been a continuous increase in the prices of diesel, petrol, kerosene and other fuel products. Along with this, the increase in the price of bitumen, cement, sand and other essential construction materials and the shortage in the market has become a challenge for construction professionals.
The Council said that the current legal system cannot adjust the price, and requested that the 'Guidelines for Price Adjustment-2' should be issued immediately and the problems of the builders should be addressed immediately by making arrangements for price adjustment in contracts of all durations.
Related News
Suryakunda Hydro Electric will issue an IPO for the general public from January 18
Kathmandu. Suryakunda Hydro Electric Company Limited is going to release it to the general public from January 18th. In the first phase, the company has distributed the IPO to local residents affected by the project and Nepalis who are employed ab...
Foreign currency exchange rates: what is the price of dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for Thursday. According to the Central Bank, today the buying rate of one US dollar is 152 rupees 74 paisa and the selling rate is 153 rupees 34 paisa.
<...
The tenth Dhading festival will be held from January 15 to 25
Kathmandu. The 10th Dhading Festival 2082 will be organized with the aim of making the local economy dynamic through the development and promotion of the economic, social, touristic and cultural sectors of the district. The festival will be conduc...
What is the exchange rate of which foreign currency on Friday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the determined exchange rate, the buying rate of one American dollar is 146 rupees 32 paisa and the selling rate is 146 rupees 92 paisa.
<...
Purchase of paddy at support price by cooperative in Bardia, relief to farmers
Bardia. The government had fixed the minimum support price of rice at the time to provide a fair price of rice to the farmers. Although the minimum support price of paddy was fixed, the farmers were not able to get the...
The price of gold and silver increased, how much did it reach per tola?
Kathmandu. On Friday, the price of gold in the Nepali market has increased moderately. According to the Nepal Gold and Silver Business Federation, the price of gold has increased by Rs 600 per tola compared to the prev...