September 2, 2026, Wednesday
English

Gas subsidy being scrapped

Main News Image

Kathmandu. The government has released Energy Consumption Growth and Export Strategy, 2083 with a plan to cancel the subsidy on LP gas for cooking till the financial year 2092 and 93 and provide subsidy on electric stoves. The strategy, published by the Ministry of Energy, Water Resources and Irrigation for the general public's suggestions, aims to gradually reduce the use of LP gas for cooking.

The Ministry of Energy has clarified that the strategy has been announced by the government with the aim of subsidizing electric stoves and increasing the consumption of clean energy.

mediabaaji add

Related News

High growth in the stock market before the election, turnover above 6 billion

Kathmandu. Ahead of the election, the stock market is green. On Tuesday, the stock market index increased by 38.52 points to 2712.49 points. This is 1.44 percent more than the previous transaction. Today in the stock market, the share price of 254...

Preparation to ensure electricity supply from India from Kartik

Kathmandu. The Nepal Electricity Authority has said that it has completed preparations to ensure electricity supply from India from next Kartik. According to the authority, many projects are of run-of-the-river type an...

Fluctuations in the exchange rate of the dollar and the euro, the value of the currencies of the Gulf countries

Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currencies for Wednesday. According to the new exchange rate announced by the Central Bank, today the buying rate of one US dollar is 152 rupees 27 paisa and the sel...

Reactivated after five years, Nepal-India joint agricultural system, emphasis on trade and technology

Kathmandu. The ninth meeting of the Joint Agriculture Working Group, which was formed with the aim of giving a new impetus to the strategic cooperation in the agricultural sector between Nepal and India, has been completed in Kathmandu after five...

Which commercial banks reduced the interest rate for the month of January?

Kathmandu. Commercial banks have reduced interest rates for the month of January. Banks have reduced interest rates on fixed deposits with effect from January 1. In January, the average interest rate was 4.86 percent for individuals and 3.37 perce...

Solu Hydropower's IPO sale is open to the general public from today

Kathmandu. Solu Hydropower has opened the IPO sale for the general public from January 29th today. On October 24th, the company received permission from the Nepal Securities Board to issue 20 million ordinary shares worth Rs 2 billion at Rs 100 pe...