May 18, 2026, Monday
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

Ultimatum to Defaulters of Troubled Cooperatives to Immediately Repay Loans

Kathmandu. The Office of the Committee for the Management of Troubled Cooperatives has issued a strong warning to borrowers who have taken loans from various cooperative institutions and have long failed to repay them, directing them to settle the...

IPO of Super Khudi Hydro worth 1 lakh 28 thousand is open from February 5

Kathmandu. Super Khudi Hydropower Limited is going to issue an IPO for the general public from Monday 5th February to Sunday 10th February. Earlier, it was said that the issue would be opened from February 4th, but the said date has been shifted o...

NEPSE down 10.25 points, turnover above 11 billion 65 crores

Kathmandu. On the first trading day of the week, the NEPSE index decreased by 10.25 points and remained at the point of 2697.07. During the day, 262,36,204 shares of 330 companies were bought and sold, totaling 11.65 billion 97 million shares. Tod...

Economic growth is expected to be limited to 3.855 in the current year

Kathmandu. In the current fiscal year 2082/83, the economic growth rate of Nepal is projected to be 3.85 percent. According to the national accounting data released by the National Statistics Office on Tuesday, the size of the economy is expected...

Impact of US-Iran ceasefire: Heavy fall in crude oil prices in the international market

new york With the announcement of a two-week long ceasefire between the US and Iran, the price of crude oil has fallen sharply in the international market. Due to the ongoing war for the past five weeks, the price of crude oil fell by around 15 pe...

Discounted air fare for workers going to Gulf countries

Kathmandu. Nepal Airlines Corporation has implemented new fares with special discounts for Nepali workers going to Gulf countries. The corporation issued a statement today and decided to give a 10 percent special disco...