Kathmandu: The government has increased public transport fares.

The Department of Transport Management has issued a press release informing that public transport fares have been increased by 3.30 percent. Similarly, the fares of goods vehicles have also been increased. The fares have been increased by 0.81 percent for vehicles operating on hilly roads and 0.05 percent for vehicles operating in the Terai.

In the past, while determining the fares of public vehicles, the fuel share has been determined as 35 percent and the share of other indicators as 65 percent. The department has informed that the fares of public transport vehicles have been adjusted based on the price increases seen in the wages of transport workers, fuel, tires, interest, operating expenses and profits, which were identified based on the market study and analysis conducted by the Department of Transport regarding the investment and expenditure related to public transport operations and consultations with stakeholders.

‘Based on the work done by the Government of Nepal on the basis of point no. 20 of Schedule 5 and point no. 15 of Schedule 9 of the Constitution of Nepal 2072 and in exercise of the powers granted by clause (d) of section 153 of section 96 of the Vehicle and Transport Management Act 2049, the fares of public transport vehicles operating in two or more provinces (operating on national-level public transport routes) have been adjusted as follows, effective from the same date, as per the decision of this department dated 2081.09.22 BS,’ the statement said.