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Wed, May 8, 2024

DoTM slashes public transportation fare

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KATHMANDU: The government has decreased the public transportation fare in the inter-province route. The Department of Transport Management (DoTM) has slashed the fare of passenger vehicles by 5.41% on the rate of fare fixed before this. As per the new transport fare fixed by the DoTM, the transport fare of goods carrier vehicles operating on hilly roads has been decreased by 6.97% and that of goods carrier vehicles operating on the Tarai roads by 7.68%. The fare of passenger and goods carrier vehicles has been slashed based on the Nepal Oil Corporation (NOC)'s decision Saturday to decrease the price of diesel and petrol. The price of diesel has been decreased by Rs 29 per litre and that of petrol by Rs 20 per litre. Transportation fares had been increased from time to time before this with the rise in the fuel prices. According to the scientific fare adjustment system, the transport fare is automatically adjusted if the fuel price rises or falls 5% or more. The transport fare had been recently adjusted on June 20 before this. READ ALSO:
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APRIL 2024

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