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
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...
Jan Utthan Laguvitta will not distribute dividends this year as well
Kathmandu. Jan Utthan Community Small Finance Financial Institution Limited will not distribute dividends to the shareholders from the profit of the last financial year. The meeting of the microfinance board of directors held on 26th January decid...
NEPSE decreased by 13.88 points today, turnover limited to 3.51 billion
Kathmandu. On the second trading day of the week, the NEPSE index decreased by 13.88 points to 2581.21. During the day, 91 lakh 67 thousand 359 shares of 332 companies were bought and sold, with a turnover of 3 billion 51 crore 59 lakh shares. Tod...
What is the regulation rate of which foreign currency on Thursday?
Kathmandu. Nepal Rastra Bank has determined the exchange rate of foreign currency for today. According to the fixed exchange rate, the buying rate of one US dollar is 149 rupees 78 paisa and the selling rate is 150 rupees 38 paisa. Similarly, the...
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...
Rashtra Bank's request to provide banking services even during Tihar holidays
Kathmandu. Nepal Rastra Bank has requested banks and financial institutions to conduct banking services for customs clearance on days other than Bhaitika. The central bank has written to the banks and financial institu...