Kathmandu, June 3
The Department of Transport Management has reduced the fare of public transport vehicles operating between provinces. The department reduced the price after Nepal Oil Corporation reduced the price of petroleum products by Rs 10 per litre.
The department says the fares have been reduced by 2 per cent on public transport operating in hilly areas. Fares for public transport operating in the Terai region have been reduced by 2.6 per cent.
Freight rates for cargo vehicles have also come down. The government has arranged to fix the fare of public transport on an automatic basis as soon as fuel prices change.
General Secretary of the Federation of Nepal National Transport Entrepreneurs, Saroj Sitaula, says raising and decreasing fares on an automatic basis is best for both passengers and transport entrepreneurs.
“It’s only practical that the fare should go up when the price of fuel goes up and goes down when the price of fuel goes down,” says Sitaula.