With Petrol and Diesel Becoming Cheaper, Transport Operators Call for Automatic Fare Adjustments
Summary
The Federation of Nepalese Transport Entrepreneurs has called for automatic fare adjustments in public transport to reflect recent reductions in fuel prices by the Nepal Oil Corporation.
Key Points
- The Nepal Oil Corporation has reduced petrol prices by 20 rupees per liter and diesel and kerosene by 30 rupees per liter.
- The Federation of Nepalese Transport Entrepreneurs (FNTE) has urged the government to adjust public transport fares according to these new fuel prices.
- FNTE President Punya Prasad Sitaula advocates for a fair and transparent fare adjustment system that reflects fuel price changes promptly.
- Sitaula argues that fare calculations should include broader economic factors beyond just fuel costs, such as maintenance, wages, and operational expenses.
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