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.
Express
Related News
The new interest rate of commercial banks for the month of Baisakh has been announced, who's how much?
Kathmandu. The new interest rates announced by the commercial banks for the month of April have indicated a slight decline in deposits. Compared to Chait, the average interest rate of both personal and institutional deposits has decreased in Baisa...
Rastra Bank will collect 1 trillion 25 billion deposits today, more liquidity in the market
Kathmandu. Nepal Rastra Bank is going to collect deposits worth one trillion 25 billion rupees again this Friday to manage excess liquidity in the financial system. Even after two weeks of formation of the new government, since the liquidity press...
What is the exchange rate of which foreign currency on Thursday?
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 fixed at 145 rupees 22 paisa and the selling rate is 145 rupees 82 paisa. Similarly,...
The government will give 25,000 per family displaced from the river banks of the valley
Kathmandu. The government has decided to provide a lump sum of Rs 25,000 as a relief to the families who will be displaced after the removal of hazardous settlements on the banks of various rivers in Kathmandu Valley. The cabinet meeting held at S...
The price of gold increased, how much per tola on Sunday?
Kathmandu. The price of gold has increased in Nepali market today. Gold tola has gone up by 200 rupees. According to the Nepal Gold and Silver Traders Federation, gold is being traded at 297,000 rupees per tola today.
On the other hand, the...
Snow Rivers has received approval from the Securities and Exchange Board for the IPO issue
Kathmandu. Snow Rivers Limited has received permission from Nepal Securities Board for IPO issue. The board has given permission to the company for the IPO issue on Sunday, January 18th. With the permission of the board, Snow Rivers will now...