Kathmandu.
The fare of short distance public vehicles in Bagmati province has decreased. The Ministry of Labor, Employment and Transport of Bagmati Province has reduced the fare of public vehicles today. On the ninth day after the Nepal Oil Corporation reduced the price of diesel, the fare of short-distance vehicles in Bagmati province has been reduced.
The reduced rent rate by the Ministry has been published in the gazette today. Asman Tamang, Secretary of the Ministry, said that the fares have been reduced by 5.9 percent in Kathmandu Valley, 4.18 percent in short-distance public vehicles and 5.69 percent in cargo vehicles outside the valley. He said, “Since the new fare has been published in the gazette today, the reduced fare will be applicable from today.”
Earlier, when the price of diesel increased, the bus fares for long distances were increased but short distances were not. Nepal Oil Corporation had reduced the price of diesel with effect from Wednesday last week. Soon after, the government adjusted the long-distance fares. Long distance i.e. inter-province fare is determined by the central government and short distance i.e. inter-city fare is determined by the state government.
On March 20th, the corporation reduced the price of diesel and kerosene by Rs. 10/10 per liter and petrol by three times, effective from Wednesday of the previous week. According to the reduced price, currently the price of diesel has remained at 155 per liter. Last year, the fare of short-distance vehicles operating within the province was increased. According to the increased fare, passengers have been paying 20 fares as soon as they board public vehicles in Kathmandu Valley.