The transport entrepreneurs urged the government to hike transportation fare due to regular increase in prices of petroleum products.
During a meeting with minister for Physical Infrastructure and Transport Basant Kumar Nembang today, Nepal National Transport Entrepreneurs Federation (NNTEF) today asked the government to adjust the public transportation fare. The representatives of the NNTEF said the fare has not been adjusted since a very long time. "The government had decided to adjust the public transportation fare every year but it has not taken place since the past eight years."
The Department of Transport Management must adjust the public transportation fare by the end of March, according to a press note issued by the president of the Federation Yogendra Nath Karmacharya.
The adjustment of the fare should be based 35 per cent on the rise in price of petroleum products and 65 per cent on the inflation in areas concerning the transportation sector including insurance, tax, bank interest, spare parts, lubricants, the press note reads.
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