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MPs Raise Concern Over NOC’s Profit

Parliamentarians speaking in the Special Hour of the House of Representatives (HoR) meeting today voiced their concern about the ever-rising prices of petroleum products and demanded to slash the price.

The parliamentarians aired their concerns in the wake of Nepal Oil Corporation (NOC)’s notice mentioning NOC’s loss and assertion that it won’t consider cutting prices even though the price of fuel brought from India has reduced twice recently. Pradeep Kumar Gyawali demanded with the government to consider reducing the price of the fuel, arguing that although Rs 31 was reduced per litre while procuring the fuel from India, the consumers were forced to purchase that at high price.

“When there is profit, the NOC reaps the benefit but when it is in loss, the consumers are hardest hit. What kind of justice is this, honourable Speaker?” Gyawali questioned. Blaming the government for not reducing the fuel prices so as not to drag NOC into controversy, he viewed that the incumbent government had turned into ‘caretaker’ after the announcement of the election dates and it should not give new ‘business’ to the parliament.

Lawmakers Bhimsen Das Pradhan, Rajendra Kumar KC, Nawaraj Silwal, Durga Kumari Bishwakarma, Tejulal Chaudhary and Mohan Baniya also called attention of the government on a range of pressing public issues during the ‘special time’ in the session of the House of Representatives today.

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