Kathmandu. The fare of public transport running in Bagmati province including Kathmandu Valley has decreased. The Ministry of Labor, Employment and Transport of Bagmati province has reduced the fare.
Nine days after the Nepal Oil Corporation reduced the price of diesel, the fare of short-distance vehicles in Bagmati province has been reduced. It is said that the fares reduced by the Ministry have been published in the gazette.
Ministry Secretary Asman Tamang said that the fares were reduced by 5.9 percent within the Kathmandu Valley, 4.18 percent for short-distance public vehicles outside the valley, and 5.69 percent for freight vehicles.
Earlier, when the price of diesel increased, long-distance vehicle fares were increased but short-distance ones 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.
Last March 20, the corporation reduced the price of diesel and kerosene by Rs 10-10 per liter and petrol by Rs 3 per liter, effective from Wednesday last week.
According to the reduced price, the price of diesel has remained at Rs 155 per litre. Last year, the short-distance fares operating within the province increased. According to the increased fare, passengers have been paying Rs. 20 as soon as they board public vehicles in Kathmandu Valley. Rasas