Rising prices of petroleum products are out of Nepal’s control – Online Khabar

July 7, Kathmandu. The government has replied that the increase in the price of petroleum products is beyond the control of Nepal.

Minister for Industry, Commerce and Supplies Dilendra Prasad Badu said this while answering the questions raised by the lawmakers in the House of Representatives.

“Rising prices are out of our control,” he said. This has led to a steady rise in prices lately. ‘

Mentioning that the price has gone up in the international market and there is an obligation to increase it in Nepal, he said, ‘What can we do for ourselves when the price goes up? The government thinks about that. But now it is compelling to increase it. ‘

He said that the government is studying for a long-term alternative. He said that studies are also being done on the option of including the private sector.

He said that the government has also focused on increasing the use of electricity and reducing the use of petroleum products. For this, the government has taken a policy to reduce petrol consumption by at least 20 percent, said Minister Badu.

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