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Politicizing Price Rise In Petroleum Products
By KTM Metro Reporter
September 4, 2012: Youth and students' associations affiliated to NC, CPN-UML and other small political parties including a new CPN-Maoist posted their protest memo on the price rise in petroleum products to the prime minister on the wall of the Secretariat building in Kathmandu after Prime Minister Dr. Baburam Bhattarai refused to receive them. They warned the government of launching a strong protest against the government if the government did not set up a team of experts including their representatives to hold investigation into the irregularities in the state-owned Nepal Oil Corporation, according to ‘thehimalayantimes.com’.
CPN-Maoist evening held a torch march against price rise in petroleum products in Dharan today. The torch march started at the Dharan’s old hospital and converged at Bhanuchowk, and held a rally there. Protesters chanted slogans against the Bhattarai-led government at the rally, according to ‘HIMALAYAN NEWS SERVICE.’
In a statement released in Kathmandu today, spokesperson for CPN-Maoist Pampha Bhushal said that the Bhattarai-led government had raised the prices of petroleum products and other essentials over a dozen times during his one-year term. She also accused the government of promoting artificial scarcity, black market, bribery and corruption, writes ‘HIMALAYAN NEWS SERVICE‘.
Youth Association Nepal affiliated to CPN-UML held a protest march against price rise in petroleum products in Itahari today, some of them rolled empty LPG cylinders on the streets. They also stopped the traffic for a half hour in Itahari Main Chowk demanding the resignation of the prime minister, according to ‘The Himalayan Times.’
Stating to offset the increasing losses of the company, Nepal Oil Corporation (NOC) has increased the prices of petroleum products effective on Monday, September 3, 2012; consequently, price of petrol has gone up to Rs 125 per liter, kerosene to Rs 97 per liter, LPG to Rs 1,470 per cylinder, and aviation fuel to Rs 120,69 per liter.
At the same time, NOC has asked the government to provide Rs 3 billion otherwise the company would not able to supply petroleum products smoothly, as it might not be able to pay the dues to the Indian Oil Corporation; then the Indian company would stop supplying the petroleum products.
