Nepali Oil Corporation (NOC) has rolled back its decision to hike the prices of petroleum products following the directive of Prime Minister Pushpa Kamal Dahal.
Saying that the decision to hike the prices of petroleum products during the festival time would create problems to the people, the Prime Minister called the office bearers of the state-owned petroleum monopoly and directed them to withdraw the decision.
NOC on Saturday hiked the price of petrol and diesel by Rs 6 per liter, of kerosene by Rs 2 per liter and aviation fuel (both domestic and international) by Rs 8 per liter.
Similarly, the price of LP Gas was increased by Rs 215 per cylinder.