Wednesday, January 23, 2008

Petro price hike called off

The government of Nepal has called off the price hike in diesel, LPG and Kerosene after receiving massive criticism from all around the nation. The government has increased the price of petro on Monday and that was the 3rd time government called the petro price hike in this fiscal year. The PM directed Nepal Oil Corporation after in informal meeting have request the Nepal Oil corporation go call of the price hike. The student and some political parties have even called Vally bandh today against the price hike. All the vally bandh programs have been called off according to them after the govt called back the price hike. Supply minister Shyam Sunder Gupta says, " The price hike is called off considering the public sentiments." The public transporters have already announced to increase the fare by 25% after the price hike has been announced.

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