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
Foreign currency exchange rate: What is the value of dollars, euros and pounds?
Kathmandu. Nepal Rastra Bank has determined the official exchange rate of foreign currency for today. According to the central bank, the buying rate of one US dollar has been fixed at 152 rupees 40 paise and the selling rate has been fixed at 153...
'Middleman's game' in banana prices, farmers' demand to fix minimum support price
Kathmandu. The Federation of Nepal Banana Producers has demanded the government to set the minimum support price for bananas. Through a press conference held on Tuesday, the federation said that such an arrangement is necessary to ensure fair pric...
Shikhar Power's IPO allotment, 24 lakh 66 thousand applicants empty handed
Kathmandu. Shikhar Power Development Limited opened the sale to the general public from February 17th to 26th, and the IPO was distributed today on March 3rd by Global IME Capital Limited, the sales manager. The company got permission from the Nep...
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 remained at 143 rupees 36 paisa and the selling rate has remained at 143 rupees 96 paisa....
6.5 billion trade loss in five months
Kathmandu. Till the end of December of the current fiscal year 2082-83, the country has incurred a loss of Rs. According to the five-month foreign trade status report published by the Customs Department, during this period, imports of Rs. Compared...
Increase in the price of petroleum products
Kathmandu. The price of petroleum products has decreased. According to Nepal Oil Corporation, Indian Oil Corporation has reduced the price of diesel and kerosene while increasing the price of petrol.