Gas subsidy being scrapped
-
Media Baaji
- Mon, 18 May 2026
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.
Related News
Medical service agreement concluded between National Life and Grandi International Hospital
Kathmandu. National Life Insurance Company Limited, the first life insurance company in the private sector, which has been successful in making its own unique identity in the life insurance business for the past 37 years with attractive bonus rate...
What is the exchange rate of foreign currency on Saturday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to Rashtra Bank, the buying rate of one US dollar has been set at 140 rupees 26 paisa and the selling rate is 140 r...
People's Hydropower will sell 5 lakh shares of Upper Hewakhola
Kathmandu. People's Hydropower Company Limited has announced plans to sell five lakh shares of Upper Hewakhola Hydropower Company Limited through the stock market. In the notice issued by the company, it is mentioned that the shares will be traded...
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 fixed exchange rate for today, the buying rate of one US dollar is 143 rupees 65 paisa and the selling rate is 144 rupees 25 paisa.
The price of the US dollar, Australian dollar, euro and pound increased!
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currencies for Saturday. Today, the value of all foreign currencies including US Dollar, Australian Dollar, Euro, Pound, Kuwaiti and Bahraini Dinar has increased. According t...
Rumors of LP gas shortage are baseless: Managing Director Bhatt
Kathmandu. Chandika Prasad Bhatt, Managing Director of Nepal Oil Corporation, has said that the rumor of LP gas shortage is baseless. He posted on social media on Facebook on Wednesday not to believe the rumors that there is a shortage of LP gas i...