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
What is the exchange rate of which foreign currency on Monday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed rate, the buying rate of one US dollar is 144 rupees 02 paisa and the selling rate is 144 rupees 62 paisa.
Similarly, t...
Today, while the price of gold remained stable, silver decreased, what is the price per tola?
Kathmandu. In the Nepalese market today, the price of gold has remained stable, while the price of silver has decreased slightly. According to the Federation of Nepal Gold and Silver Dealers, today the price of printed gold per tola has been set a...
Shortage in the market as LP gas supply from India is inconvenient
Kathmandu. For the last one week, since LP gas could not be imported from India as per the demand, the supply in the Nepali market has become difficult. As a result, consumers have to face shortages. According to the Nepal Oil Corporation, since t...
Three billion is being invested in the construction of international transmission lines
Kathmandu. Nepal Electricity Authority is going to invest a total of 3 billion in the joint company to be established for the construction of two international transmission lines.
According to the Ministry of Ener...
The stock market closed down with normal numbers, "positive circuit" in 4
Kathmandu. On the first trading day of the week, there was a general decline in the stock market. NEPSE index decreased by 4.18 points to 2833.60 points. Although 20 million more shares were traded, the turnover was 8 billion 66 million rupees.&nb...
The IPO of these companies is open from today
Kathmandu. From today, the IPO of Hotel Forest Inn Limited has opened the IPO issuance and sale application for the general public. The company has issued 33 lakh 20 thousand shares to the general public.
The company has allocated 200,000 sh...