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Govt. unlocking path of development, prosperity: Dr Khatiwada

Tamghas : Minister for Finance Dr Yuba Raj Khatiwada has urged one and all not to harbor any doubts that the country was moving ahead on the path of development and prosperity as he claimed that the government was unlocking the development path.
Speaking at an event held after the inaugural of expansion of a road that falls on the Baglung road section under the Kali Gandaki Corridor at Ridi in Gumli district on Saturday, Minister Khatiwada asserted that although the government was undertaking many good initiatives, there was no widespread acknowledgment among public.
Minister Khatiwada reaffirmed that the incumbent government will walk the talk within five years when it comes to fulfilling all the promises made in the manifesto during the election.
Khatiwada also urged the concerned persons not to panic that the government had not increased their social security allowances as promised. Requesting their patience for the same, he explained, “Without fiscal discipline, no economic resources will be collected and unless there were adequate collection of economic sources, there will be no capacity for distribution.”
The Minister also reaffirmed that the government was effortful to enable environment where all would come under the ambit of social security under the Prime Minister Employment Scheme.
According to him, the government has attached a high priority for the development of Ridi area and said the government was committed towards construction of watershed from Ranighat to Ridi and building pilgrims house at Rishikesh Temple.
Also present at the event was Minister for Foreign Affairs Pradeep Kumar Gyawali.RSS

NOC hikes price of petroleum products

2019-02-02 21:43

Kathmandu : Nepal Oil Corporation (NOC) has increased the price of petroleum products from midnight today. As per the new price adjustment coming into effect from this midnight, price of petrol will cost Rs 110, an increment of Rs 2.25. Likewise, price of diesel has surged by Rs 4.28 to Rs 97 per liter. Kerosene’s price has been adjusted to Rs 97 per liter. The NOC has not increased the price of cooking gas, however.
On February 1, the Indian Oil Corporation sent the new price list to the NOC, said the NOC Spokesperson Birendra Goit, adding that the price adjustment follows a government’s provision to adjust price of petroleum products in every fortnight. The NOC however missed the price adjustment the previous time due to various reasons, said Goit.
With the new price adjustment, the state-owned oil corporation could earn a profit of approximately Rs 1.16 billion in a period of 15 days, said a NOC official.RSS

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