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.
Express
Related News
The price of gold continues to rise, how much did it reach per tola on Monday?
Kathmandu. The price of gold in the Nepalese market is constantly on the rise. Today only gold has increased by 1 thousand 900 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at...
Solu Hydropower IPO to issue from today
Kathmandu. Solu Hydropower Limited has issued an initial public issue IPO for the local residents of the project-affected areas and Nepali workers who are employed abroad from today on November 7th. The company was all...
The euro and pound fell, while the Australian dollar and Bahraini dinar rose
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for Friday. Today, while the exchange rate of the US dollar and the Kuwaiti dinar remained stable, currencies including the Bahraini dinar and the Australian dolla...
The country's public debt exceeded 28 trillion, added 1 trillion 32 billion in 6 months
Kathmandu. Nepal's public debt has exceeded 28 trillion. At the beginning of the current fiscal year 2082,83, the total public debt was 26 trillion 74 billion 4 billion rupees, by the end of March, it increased by 1 trillion 32 billion 34 billion...
Import of petroleum products worth four billion 48 crores from Kankarbhitt
Bhadrapur. In the first quarter of the current fiscal year 2082 and 083, petroleum products worth four billion 48444568 thousand have been imported from Kankarvitta through the eastern border. Petrol, diesel, LP gas, ATF, kerosene have been import...
Authority constructing new Butwal Lamhi transmission line
Kathmandu. The Nepal Electricity Authority is going to construct a new Butwal Lamahi power transmission line with a capacity of 400 KV. The total length of 161 km transmission line is intended to transmit the electricity of eastern Nepal to the we...