PHOTOS: Rastriya Yuba Sangh Nepal stages protest against price hike, demands suspension of Minister Yadav

KATHMANDU, Feb 10: Rastriya Yuba Sangh Nepal staged a protest at Baneshwar in Kathmandu on Thursday. Most of the participants in the protests were women with placards and banners written ‘ Scrap Price Hike’, ‘Take action against the Health Minister’ and ‘Investigate stealing of COVID-19 vaccine’ among many others. The protesters have also demanded suspension of Minister Renu Yadav. Here are some pictures taken by Ratopati photojournalist at Baneshwar:  

सम्बन्धित सामग्री

Govt. decides to maintain old price for petroleum products

KATHMANDU, Oct 1: The Government of Nepal has decided not to implement the petroleum products’ price hike. Minister of Women, Children and Senior Citizens Surendra Acharya told Ratopati that the Cabinet meeting has decided to maintain the old price for petroleum products for now.

Petroleum price hike

The Indian Oil Corporation has hiked the price of petrol, diesel, kerosene and aviation fuel in its new price list to Nepal. There has been an increase of Rs0.61 paisa per litre in petrol, Rs5.76 76 in diesel, Rs4 in kerosene and Rs4.77 in jet fuel. The price of LP gas has come down a […]

Fuel price hike: A litre of petrol, diesel or kerosene costs Rs 10 more

The government-run fuel distribution monopoly Nepal Oil Corporation has increased the prices of petroleum products once again. The post Fuel price hike: A litre of petrol, diesel or kerosene costs Rs 10 more appeared first on OnlineKhabar English News.

Fuel price hike: A litre of petrol, diesel or kerosene costs Rs 10 more

The government-run fuel distribution monopoly Nepal Oil Corporation has increased the prices of petroleum products once again. The post Fuel price hike: A litre of petrol, diesel or kerosene costs Rs 10 more appeared first on OnlineKhabar English News.

Fuel price hike: Cooking gas also goes dearer after 4 months

The government-run fuel distribution monopoly Nepal Oil Corporation has increased fuel prices once again. The post Fuel price hike: Cooking gas also goes dearer after 4 months appeared first on OnlineKhabar English News.

Petroleum price hike

The price of petroleum products has reached all-time high in Nepal with the Nepal Oil Corporation once again increasing the cost of petrol at the pump to Rs145. Diesel and kerosene cost Rs128. Aviation fuel and LPG prices stay the same.

Petroleum price hike

Nepal Oil Corporation has hiked the prices of petroleum products to Rs142 and diesel and kerosene Rs125 per litre. The price of aviation fuel has also been increased by Rs10 per litre while LPG prices remain the same.

Air fare increases after fuel price hike

The air service companies have increased airfare with the increase in fuel price. The umbrella organization of air service providers issued a press release on Wednesday and informed that the air fare has been increased up to Rs 440 in a one-way flight.  Now, the passengers should pay Rs 440 more in the longest route while those flying in the shortest route should pay Rs 95 more to the usual fare. The longest air route in the country is from Kathmandu to Dhangadhi while Kathmandu to Simara is the shortest one.  Nepal Oil Corporation had increased the price of air fuel by 11.6 percent (Rs 10 per litre). The increase in airfare was in line with the NOC decision on price hike, said the Association of Aviation Service Company. The Association further said the decision on price hike was taken after taking permission from the Civil Aviation Authority of Nepal. Now, the air fuel price has reached Rs 96 per litre – Rs 10 up from the earlier price.

Cooking oil price hike attributed to international causes

KATHMANDU, June 1: The price of cooking oil has shot up in the domestic market in recent days. The price has increased more than Rs 50 per litre this year as compared to the price last year. The Department of Commerce, Supplies and Protection of Consumer Interest had conducted monitoring at the oil industries after the increase in the price of cooking oil compared to the price of other foodstuff.  It carried out the monitoring at the oil industries based on the complaints of consumers. The Department had directed the Nepal Vegetable Ghee and Oil Producers Association to provide information regarding the reasons for increase in the price of cooking oil after conducting the monitoring.  Following this directive, the Association, which is the umbrella organisation of the cooking oil producers in the country, claimed that the cooking oil producers have not increased the price inappropriately.  The Association stated through a press release on Monday that the price of cooking has increased in Nepal as the price of raw materials has gone up in the international market. "The 20 processed cooking oil producing industries affiliated to the Association have been regularly manufacturing their productions - soybean and sunflower oil – and supplying it to the market as well as exporting it to foreign countries," the Association said, adding that the main raw materials comprising of unprocessed soybean and sunflower oil, and mustard seeds that the industries needed, has to be, cent per cent, imported from Brazil, Argentina, Canada, Australia, Ukraine, among other countries. The Association has clarified that the price of cooking oil in the Nepali market is determined in line with the price of the raw materials in the international market since they have to be imported from the international market. There has been an unusual increase in the international market of the price of raw materials for cooking oil since 16 months and its impact has been seen in the Nepali market as well, the Association claimed. The price of soybean oil was 614 USD per one metric tonne in March 2020 and it has reached to 1,279 USD in one year's period.  Similarly, the price of sunflower oil which was 656 USD per metric tonne a year back has now reached 1,580 USD, the Association stated.