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Home Prime News

Govt slashes transport fare with down in petroleum prices

CEO Tab by CEO Tab
June 26, 2022
in Prime News
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The government has decreased the public transport fare in the inter-province route.

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The fare including 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 reduced by Rs 29 per litre and that of petrol by Rs 20 per litre. Transportation fee had been increased from time to time before this with the rise in the fuel prices.

The Department of Transport Management has slashed the fee of passenger vehicles by 5.41 percent on the rate of fee fixed before this.

As per the new transport fee fixed by the Department, the transport fare of goods carrier vehicles operating on hilly roads has been decreased by 6.97 percent and that of goods carrier vehicles operating in the Tarai roads 7.68 percent.

According to the scientific fare adjustment system, the transport fee is automatically adjusted if the fuel price rises or falls five percent or more. The transport fee had been recently adjusted on June 20 before this.

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