Infrastructure Minister States Construction Price Hike is Highest in Nepal's History

Minister for Physical Infrastructure Development, Sunil Lamsal, described the current construction price hike as the biggest in Nepal's history, severely impacting the sector and economy. The ministry faces a 37 billion rupee budget deficit, exacerbated by rising fuel costs. Lamsal assured contractors that price adjustments would be provided and urged them to continue work, acknowledging the need for legal amendments to address the crisis.