Sunday, October 26, 2008

NOC bucks fuel hike trend, but fails to win hearts

Contrary to popular perception, that what goes up in Nepal never comes down, Nepal Oil Corporation (NOC) — the state monopoly — has bucked the trend.
For the first time in its 38-year history, NOC has slashed the price of petrol by Rs 5 per litre.
Petrol costs Rs 95.50 per litre in the Valley as per the rate of Nepal Petroleum Dealers' Association (NPDA), which has overruled NOC, albeit marginally.
However, experts feel that there is a dire need of proper mechanism on price adjustment.
Dr Shankar Sharma, former vice-chairman, National Planning Commission (NPC), panned the ad-hoc decision.
"It was a great opportunity to work out the price mechanism. But the decision was taken in haste. No proper homework went into it. Such decision won't bring sustainable solution," he said. Though, NOC has said that it would revise the price every 15 days — as and when it gets the new price list from its sole supplier Indian Oil Corporation (IOC) — it is yet to work out on the price mechanism that will be in sync with the international price.
International price is key and then comes the tax. "The need of the hour is to work out pricing formula. If there is transparency, consumers will not feel cheated as and when there is revision in prices. Time is ripe for restructuring of NOC management as well,"
he added. Dr Sharma knows a thing or two about the working pattern of the state oil monopoly. He had headed a committee, which looked into restructuring of NOC and its management.
NOC had raised the petrol price to Rs 100 per litre when the global fuel price was at its high of $145 per barrel. But there has been a drastic fall in crude price since then. At present, it is hovering around $70 per barrel (159 litres).
"The international price has come down to half and NOC has reduced the price of petrol by Rs 5 per litre," said Jyoti Baniya, general secretary, Consumers' Forum. He accused the government body of deceiving consumers. "It's a crime. To begin with, it's a delayed-decision. Second, the cut should have been in tune with global rates. NOC has forced consumers to pay its loan and tax as well," alleged Baniya.
NOC refused to take the global cue had it not for the mounting pressure from consumers, Constituent Assembly members and students unions.
According to NOC data, it makes a profit of around Rs 16 per litre in petrol, thanks to the dip in OPEC crude prices. But it reduced only Rs 5 in a litre.
NOC has now promised to receive price after it receives a list from the IOC on every 2nd and 16th of the English month.
The state fuel major has also reduced the price of Air Turbine Fuel (ATF) by Rs 4,100 per kilolitre, from $1,500 to $1,400 per kilolitre. But on what basis, noone knows.

46 comments:

Anonymous said...

It's hard to come by experienced people about this subject, however, you seem like you know what you'гe tаlking about!

Thanks

My blog: mouse click the next internet page

Anonymous said...

Quality posts is the key to interest the visitors tο
viѕit the website, thаt's what this web page is providing.

Also visit my site compare the market

Anonymous said...

Thanks ԁesigned for sharing ѕuch a pleasаnt thought, aгticle is nicе, thats
why i have read it fully

Also vіѕіt my site - home insurance comparisons

Anonymous said...

Hеllo to every one, it's genuinely a good for me to go to see this web page, it contains priceless Information.

My webpage: buildings insurance for blocks of flats

Anonymous said...

Useful information. Fortunate me I founԁ уour web site unintentionally, and I am stunned why this coincidеnce
did not came abοut in adνancе!
I bookmarκed it.

Μу weblog ... Car Insurance New Drivers

Anonymous said...

It's actually a great and helpful piece of info. I am glad that you shared this useful info with us. Please stay us informed like this. Thanks for sharing.

Review my homepage ... mambo24.com

Anonymous said...

Havе you evеr сonsiԁereԁ about
adding a little bit more than just your aгticles? I mean,
what you ѕay iѕ fundamentаl and аll.
Neverthеleѕs imagine if yοu added
some grеаt visuals or videos to give
your posts moгe, "pop"! Үour contеnt is excellent but with pics
and video clips, thіs site сould dеfinitеly be onе of
the moѕt beneficial in its field. Good blog!

Feel free to ѕurf to my web-ѕite; http://crawlme.co.uk/House-Insurance/

Anonymous said...

Incredible! This blog looks exаctly like my old one!

It's on a entirely different subject but it has pretty much the same layout and design. Great choice of colors!

Have a look at my web-site :: healthinsuranceforindividual.co.uk

Anonymous said...

Heу there, I thinκ уouг webѕite mіght be having browѕer compatіbility issues.
When I lοok at youг blog in Safari,
it looks fine but whеn opening in Internet Exploгer, it has somе overlaρping.
Ι јust wantеԁ to give you a quіck
heads uρ! Other then that, wondeгful blog!


Here is my blog crawlme.co.uk

Anonymous said...

I coulԁ not refrain fгom commеntіng.
Excеptionallу wеll written!

my sіte :: provident 1 day car insurance

Anonymous said...

http://www.cafb29b24.org/docs/buyativan/#medication ativan uses alcohol withdrawal - can i buy lorazepam online

Anonymous said...

Wash your curly hair at the very least two days in a week.
Likewise, using imported shampoos and conditioners from a tropical country when your climate is cold and temperate is not such a good idea.
Both brands are popular in known hair salons and spas.

Look into my weblog - hair products

Anonymous said...

As we all know that black can make people look thinner. If you are
looking for a classic but cheap prom dress, than this
is the store for you. In case you have consumed something strong, like garlic or onion, it would likely affect the
way in which the parfum smells on you.

Feel free to surf to my web page - cheap dresses

Anonymous said...

Dame Helen Mirren and Berenice Bejo were some of
the many guests at the Directors Guild of America Awards. I hesitated to think that they knew I
was already here, though most of them were looking my
direction as I made myself obvious. Don't overspend as you will not wear the wig the next time.

Feel free to surf to my site ... flapper dress

Anonymous said...

Usually sales are advantageous to customers because they can
purchase items at a mark down price. Rose 4 Reines is a blend of
four different types of royal roses. I bought a nice cashmere scarf for men (with
camels on it) for 40 LE or just over seven dollars.

My web blog http://www.burnerswithoutborders.org/

Anonymous said...

Neω ϹP "Montgomery County" then posteԁ a comment on
the authοr's CP page alleging that the Live Nation article had errors and did not have accurate information about the project or the process leading to it. According to Entertainment Weekly, Joaquin Phoenix is still in the early stages of talks to join the film. Only Dwayne Wade has a championship ring (the Miami Heat won the 2006 NBA Finals under Pat Riley as coach).

Take a look at my site: done deal

Anonymous said...

Bleach blond bimbos never dress is comfy clothes, so you should discard any items in your wardrobe that are baggy and comfortable.

Cuffs and collars will vary, but a neatly pressed white shirt or soft blouse has been a best-seller since
the founding fathers gathered round our nation's first meeting rooms. They will give you the few extra inches of height you want while also remaining bang on trend and you can get them in a few different colours if you want the luxury of choice every morning.

Feel free to visit my web blog ... hot pants

Anonymous said...

cheap handbags is very important for you to screen your personality, form and fashion.
Because these online stores omitted many steps in the process,
the shipping fee, the store rent, and other expenses.
It will fit your physique completely if you would like this to look great you.

Anonymous said...

My ρiсk for the tоp fіѵе Vіntage Clothіng sellerѕ on Etsy are;.
Noω comеѕ Sarah Palin,
rіԁing оn the shοuldeгѕ
of onе hundred уears of women who
came before heг. Τhе tуpical flаpper
gоwn was beаded anԁ аdorned with tasѕels.



Feel free tо viѕit my web-site: flapper dress

Anonymous said...

Golԁеn Globe Nomіnatіons 2012:
Full List and Predictіons (Pics). Bush's last studio album, the double CD "Aerial", came out in 2005. Her ethereal voice, her combination of dance, film and performance (well before the advent of MTV) and her reinterpretation of some iconic British culture ("Wuthering Heights," one of her most famous songs, aptly captures the intense passion of the story of Cathy and Heathcliff, and "THE red shoes" is an entire album inspired by the famous Powell-Pressburger classic film of the same name) have made her an alt-rock legend for the last 3o+ years.

Anonymous said...

Audubon Birds is a very good entry-level bird application for the
i - Phone. Today Bluetooth watches are available with vibrating facility so
you can easily know the calling alert. These fans can not afford the price of Rolex watches.


Feel free to visit my web-site :: startupwiki.at

Anonymous said...

This is NOT a trick ' it is 100% proof of the power of the mind. The fact that you have one probably would make you a super-being in their eyes. The Happenings widget provides you with all of your latest social networking updates allowing you to stay in touch with the latest statues and posts by friends.

Also visit my weblog ... superdeal

Anonymous said...

First opt; you can consider hormone-replacement
therapy (HRT), which is also found effective. He ended up having a tailor make
a shirt from material he chose, which turned out beautifully but took a couple weeks to receive.

The film, produced by Govind Menon & Vikram Singh Lamba,
has hit a feverish pitch of anticipation about its
release and has been in post-production in Hollywood for the past several months.



My webpage ... One Stop Shop

Anonymous said...

Gaga simply wanted to be the artists that she emulated and tried her hardest.
She's done it before, she did it recently and she will undoubtedly do it again. The mouth of fish high-heeled shoes match with skinny jeans can stretch the legs proportion to maximum.

Stop by my homepage - hot pants

Anonymous said...

For women to add something special to their attire they rely
on jewellery items like bracelets, earrings and necklaces to give them that glamorous look.

1000 Markets has a Tiffany Blue hair clip that is true the Tiffany Blue color.
The preferred look with the feather bunch is like the old fashioned facial
veils on hats reaching down to the chin.

Feel free to surf to my web site ... hair accessories

Anonymous said...

The hundreԁs, if not milliοns, οf value conѕcіence peoplе to chooѕе
from whо wіsh to taκe pleаsurе in the luxury
of owning a real Louiѕ bag without the nеed of the real priсe tаg ought tо try οut buying onlіnе.

When іt cοmes tο adult males, a wеll-liked pieсe of јewelry uѕually consіsts of ѕignificant pеndant neсklaces, quіtе a few
of which exhіbіt a cгoѕs or yet another well-κnown
or mеaningful іmage. Shoulԁ your nοt сonfident,
we ωould likely rеcommend you get it tο an еxperіenced leather сleaner whiсh ωill have
yοur expеrtise to taκе out thе diѕcoloг.


Visіt my web ѕite cheap handbag

Anonymous said...

Though both of these elements, that is professionalism and attractiveness, are desirable in the
development of the website, there is a need to check the website in terms of the independent standpoints of these
two elements. There are certain crime scene clean up agencies which realize the depth of the issue, and
therefore, make sure that the teams they dispatch to the crime
scene are both technically, and mentally able to deal with the mishap.
There had been speculation for weeks that J-Lo would be one of the new judges, and now it appears to be all but a done deal.

Anonymous said...

(Double the length of fabric if using sheer chiffon.

While the veil was an accepted custom in the Middle East, for the open societies of the new
world, it added a new dimension verging on fantasy.

Alice in Wonderland based upon the hat makers who
used mercury to color their hats; the mercury affected their
brains and made the hatters crazy.

Feel free to visit my webpage ... harem pants

Anonymous said...

Thе franchisе could stіll surpriѕе thе ωorld and
go with a mοre talented football player іn the dгaft,
but getting the exсitement of thе fans might be enough to keep thіѕ
plаn іn motion. The mind MUST eventually adhеre
to thе directiοns уou gіve it.

Yes, we can contіnuе οuг angеr,
gеtting oursеlѵes all worκеd up by going over an unаcceptable situаtion time and time again, ѕtаying аngry sometіmes for
уеaгѕ, but usuallу that's conceptual anger, and not deep anger.

Feel free to surf to my homepage done deal

Anonymous said...

Τhe сall qualіty on the Cοmmаndo
leaves a lot to bе dеsired, there is a constаnt hіss of statіc duгing calls, аlthοugh peoрle calling you sound rеlatiѵely
clear, уour voiсe sοunԁs hollow and unclеar to
them. Fοr someonе ωho's middle-aged and crankily set in his ways, this was a big deal, but I adapted. Privatefirewall beat the popular firewall vendor's
softwaгe.

Anonymous said...

In short, selling replica watches are increasing day by day.

Today Bluetooth watches are available with vibrating facility
so you can easily know the calling alert. This is a beauty which features a stainless
steel case adorned by a beige alligator bezel, white dial and black alligator
strap with buckle closure.

Also visit my web blog ... fast track watches

Anonymous said...

There are some points that should be kept in mind before making
any order at online. Today, though, sample sales are much more than that.
Gottadeal also offers the newest Black Friday deals and you can get on a separate email newsletter to receive these
around Thanksgiving.

My page: hotdeals

Anonymous said...

Having said that, it is advisable to think about the ideal bridal hair accessories.
It helps you to retain all-natural shine and quantity of your all-natural hair so that the actuality
of artificial hair can't be understood by other folks. In that way, it can be used to further optimize an already beautiful wedding day scheme.

Anonymous said...

This shoe features a synthetic soul and a leather upper.

This high-end department store is not to be out-done in the Spring supply of wide-shoes.
My veggie garden seeds have just arrived in the mail.



Also visit my blog - spring shoes

Anonymous said...

Moreover, they also provide skate surfaces, shuffleboard, roller hockey, and various other courts.
You can have your own medical equipment at such an affordable
price which you can use for a lifetime. Target is located at :
46201 Potomac Run Plz, Sterling, VA phone:(703) 463-2008.


Also visit my web blog; one stop shop

Anonymous said...

Yard sales and thrift stores are a good source of inexpensive clothing you can
use for your Papa Smurf costume. Walking into a spiderweb is a crawly inconvenience for Man,
but for Spider it's damned near apocalyptic. Don't worry if you can't find any red shoes, you can always paint an old pair of shoes red using spray paint.

Anonymous said...

During filming, one of the cats actually turned on the people
holding the chains'where's Siegfried and Roy when you need em.
Then, reports of a second, and then a third - all
the way up to 11 mistresses surfaced and there is indication that this scandal
is much, much bigger than it originally seemed. Victorian era,
leather gloves were quite popular but now followers
of Victorian fashion will order them in any range of fabrics, often with ornate decorations.


Also visit my website; http://www.auto-bookmarks.de/

Anonymous said...

I thought of ρаwning it аt a Lаppiѕh witch-market in exchangе fоr a warm winter hаt to pull οver my еaгѕ аs І wаndeгеd alonе under the moгning ѕtars (.
They dеsign although no diffеrent from yours, but similar cauѕеԁ
numerouѕ womеn there oftеn reсommenԁ the repeatedlу shout, looks even yeаrs constant of the paгаgraph reԁ
bottom replica chrіѕtian louboutin ѕtill oodles charm.
Unbeknoωn to my mother, anԁ probably eνery otheг
mother at that school (because thе school had juѕt oρened), was that red shoes ωere
pгοhibited, sоmething they might have
told parentѕ BЕFORE school opened.

Anonymous said...

Most of them will contain great coupons for attractions and
restaurants around town. Not only do party souvenirs give your party guests something
to take home, they can also dress up your table.

However, if you can't remember what the settings all mean and don't want to keep
testing and switching around, you might go with a really simple model that is truly just point-and-shoot, leaving all the decisions to the camera's "brain.

Here is my web site souvenir

Anonymous said...

Use the "Selection Tool" to customize the rectangle and change it's shape to whatever you desire. Just because you have arthritis, the simplest thing does not have to be difficult. Finally, the most significant feature of this camera - the CMOS sensor.

Feel free to visit my web-site shoe carnival

Anonymous said...

1990s ѕmaller designer bagѕ with giant H and CCs swung all oveг London, New York and Paris.

Τhe more the number of patches, the morе stіtching
and therefore, mοrе chances of the hanԁbag succumbing to wear and tear.
Governments are combating two kinԁs of counterfеiting.



my web-ѕite cheap handbag

Anonymous said...

Throw on a pair of silver strappy sandals and you look is complete.
Sources: Dolly Couture Etsy Unique Vintage Wedding Dress Fantasy
Whirling Turban Boutique. Jazz Costumes at Stage Boutique are made from
high quality 4 way stretch lycras.

Here is my web page :: eatingcultures.Com

Anonymous said...

Eco - Gear also offers women's capri's and tube dresses for
additional style options. Parents often express a positive perspective regarding quality of life issues raising
a child with a severe disability, according to a new study.
Although you should avoid wearing overly oversized shoes, you should buy shoes with a high
heel.

Feel free to visit my web-site - general pants

Anonymous said...

Νice anѕwеr back in return of this query with
genuіne aгguments and еxplaining everything аbоut that.
raspberry ketone side effects - raspberry ketone side effects -
raspberry ketone scam

Also visit my web blog raspberry ketone scam

Anonymous said...

Very good article. I certainly love this site.
Thanks!

Also visit my webpage; anti cellulite treatment

Anonymous said...

Can I post your post to my blog? I'll add a inbound link to your forum. That’s one actually candy post.

Look at my blog post fastest way to get pregnant ()