Transport Federation Issues Ultimatum to Government Over Fare Hike Amid Fuel Price Surge
Summary
The Federation of National Transport Entrepreneurs of Nepal has demanded immediate government action to adjust public transport fares due to soaring fuel prices, threatening to set fares independently or suspend services if ignored.
Key Points
- The Federation of National Transport Entrepreneurs of Nepal has issued an ultimatum to the government to adjust public transport fares immediately.
- Nepal Oil Corporation increased diesel and petrol prices by NPR 10 per liter, causing operational losses for transport businesses.
- The Department of Transport Management recommended fare increases for public passenger and freight vehicles based on a scientific method.
- The federation warned that failure to act will result in unilateral fare hikes or suspension of transport services.
