NOC hikes price of cooking gas by 630 rupees; Students start protest against the decision
NOC, the state-run corporation which has monopoly on supply of petroleum products in the country, has decided to increase the price of cooking gas by Rs 630 and set the price of per cylinder gas Rs. 2,100.
The decision came even before the government’s plan to implement the system of separate gas cylinders for domestic and commercial purposes. NOC has also decided to send red and blue cylinders in the market for domestic use and industrial purpose and fix different prices for these two categories but the decision is yet to be implemented.
Though NOC has maintained that it would provide Rs 550 subsidy every month for a family — if they are domestic users but it is yet to be seen when that idea comes to implementation. According to NOC, Consumer card holders will have to pay Rs 2,100 when they buy LPG and then have to approach Bank of Kathmandu branches to claim the subsidy. The card distribution process is not effective. The Consumer card distribution started in April 2012 but so far only 110,000 consumers have acquired card out of around 1.2 million users.
Meanwhile, students have staged demonstrations in front of the different government colleges in Kathmandu this morning protesting against the recent price hike on LPG Gas. The students have staged demonstration demanding withdrawal of the decision.