Opposition burns effigy of Nepalese PM, urges govt to reduce petrol price

Feb 04, 2022

Kathmandu (Nepal), Jan 04 (ANI): Hitting the street against the rising price of petroleum, the student union of the opposition's Communist Party of Nepal (Unified Marxist-Leninist) burned an effigy of Nepal’s Prime Minister Sher Bahadur Deuba on Thursday. Members of the All Nepal National Free Students Union (ANNFSU) burnt Deuba's effigy at Tri-Chandra Campus in Kathmandu as they hit the street against a recent petro hike. The price of petroleum products has reached an all-time high in Nepal as the state-owned petroleum supplier increased the price on Tuesday midnight owing to losses incurring from the sales. Nepal Oil Corporation announced increment in prices of Petrol, Diesel and Kerosene by 3 rupees per litre and with new adjustments, a litre of petrol in Nepal would now cost 142, Diesel and Kerosene would cost 125 rupees a litre. On 14 March 2014, the NOC had hiked the fuel price to 140 rupees per litre and had remained low since then. Nepal Oil Corporation has been updating the price of petroleum after it gets the revised rate from Indian Oil Corporation every fortnight.