Kathmandu: The fare of public transport has been decreased in Bagmati Province, including in the Kathmandu Valley. The Ministry of Labor, Employment and Transport reduced the fare, nine days after Nepal Oil Corporation (NOC) slashed the price of diesel. The Ministry has decreased the fare of public transport vehicles operating on short routes within the Bagmati Province.
According to the latest fare determined by the Ministry, the fare has been decreased by 5.9 percent in the Kathmandu Valley, and by 4.18 percent in public vehicles and by 5.69 per cent in goods-carrier vehicles operating in short routes in places outside the Valley, said Asman Tamang, Secretary at the Ministry. “The reduced public transport fare would come into effect from today itself as it has already been published in the Gazettee,” he said.
The transport entrepreneurs had determined the fare on their own before this as the public transport fare of vehicles operating on short routes was not increased even as the price of diesel went up. The public transport fare of only vehicles operating on long routes was increased at that time. NOC had reduced the price of diesel effective from Wednesday last week. Immediately after this the government had increased the public transport fare on vehicles operating on long routes. The transport fare of long route or inter-province is determined by the federal government while that of the short route or inter-municipality is fixed by the provincial government.
The NOC on April 3 slashed the price of diesel and kerosene by Rs 10 each per liter and by three rupees per liter of petrol. It reduced the price of diesel and petrol by Rs 10 each per liter effective from last Wednesday. As per the reduced fuel price, diesel costs Rs 155 per liter.