The government has decreased the public transport fare on the inter-province route. 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 reduced 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.
The Department of Transport Management has slashed the fare of passenger vehicles by 5.41 per cent on the rate of fare fixed before this. As per the new transport fare fixed by the Department, the transport fare of goods carrier vehicles operating on hilly roads has been decreased by 6.97 per cent and that of goods carrier vehicles operating on the Tarai roads by 7.68 per cent.
According to the scientific fare adjustment system, the transport fare is automatically adjusted if the fuel price rises or falls five per cent or more. The transport fare had been recently adjusted on June 20 before this.
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