Nepal Hikes Public Transport Fares by 5% Amidst Rising Fuel Costs

Summary

Nepal's government has increased public transport fares by 5% due to rising diesel prices, with both passenger and cargo vehicles affected.

Key Points
  • Nepal's government approved a 5% fare hike for public transport amid rising fuel costs.
  • The fare increase applies to both passenger and cargo vehicles across regions.
  • Diesel prices have risen by Rs 55 to Rs 235.83 per liter, a 30.41% increase.
  • Transport entrepreneurs had demanded fare adjustments following two recent fuel price hikes.
Article image