October 17, 2000

Bhaktapur: Transport entrepreneurs have decided to rise the fare for minibuses plying within the valley by 25 per cent effective from october 17 citing the increase in the price of petroleum products announced by the government few days ago.

A meeting held here Monday under the chairmanship of the president of Nepal National Minibus Transport Entrepreneurs’ Federation decided to rise bus fares providing if the government fails to increase the fare by october 16 or withdraw the price hike decision.

The price of diesel used in large quantity by public transportation vehicles goes up by 20 per cent or Rs. 4.50 per litre as per the recent decision of the government on rising the price of petroleum products.

Either the government sets a price reasonable both for the entrepreneurs and passengers or takes back its price decision, advisor of the federation and chairman of Bhaktapur Minibus Entrepreneurs’ Association Balram Twanabasu said.