Kathmandu: In what is considerd to the most unpopular moves the government hiked prices of petroleum products based on the recommendation of an advisory committee under National Planning Commission last week.

This is the third time the Deuba government has increased the fuel prices in five months.

The price of per litre of petrol has been fixed at Rs.62 from 56, diesel Rs.41 from 35 and Liquified Petroleum Gas at Rs.850 from 750 per cylinder. Subsidized kerosene will be sold at Rs.30 per litre, while the regular price will be Rs.36, up from Rs 28. The price of aviation fuel has been fixed at Rs.48 per litre. The new price setup will come into effect from today, officials said.

Students affiliated to opposition political parties took to streets in Kathmandu as soon as the government announced a significant hike in the prices of petroleum products Monday afternoon.