Rising Gas Prices Ignite Protests in Kathmandu

For petrol or politics, street protests are the norms in KTM. As soon as the government announced it had increased gas prices (now Rs. 84; about USD 1.12) , hundreds of angry people took to the streets, burning, what else, tyres and stopping traffic. They also torched dozens of vehicles and attacked a politician to protest what they termed as “anti-people step.” To rescue the ailing government-owned Oil Corporation, the government released USD 14.28 million in soft loans. That pales as compared to the monthly net loss of USD 6.43 million.
• Nepal Oil Cor. receives US$14.28 mln in soft loans, China Economic net
• Govt hikes petro prices, petrol at Rs 84 per litre in capital, Kantipur Online
• Nepal announces rise in fuel prices, Houston Chronicle
• Price of POL products hiked, Gorkhapatra
• Nepal increases prices of petroleum products, Zee News
• Rise in gas prices sparks Nepal protests, Houston Chronicle
• Rise in gas prices sparks Nepal protests, BusinessWeek
• Nepal erupts over fuel price hike, India eNews
• Violent protest over hike in fuel prices, DailyIndia 
• Strike over Nepal oil price rises, BBC News
• Protests in capital over fuel price rise, Reuters