Nepal Government Announces Significant Hike in Public Transport and Freight Fares

Kathmandu. The government has decided to increase fares for public transportation and freight vehicles. The Department of Transport Management is preparing to implement the new rates following theoretical approval from the ministry.

According to Saroj Sitaula, Senior Vice President of the Federation of Nepalese National Transport Entrepreneurs, public transport fares have been increased by 16.71 percent. Similarly, there has been a significant rise in freight vehicle fares. Fares for freight vehicles operating in hilly regions have been increased by 21.68 percent, while those in the Terai region have seen a 15.75 percent hike.

The Department of Transport Management stated that the Ministry of Physical Infrastructure and Transport has already granted theoretical approval for the fare hike. The department is preparing to publish the detailed new fare structure on its official website shortly. 

Transport entrepreneurs had been demanding a fare adjustment for a long time, citing the rise in petroleum prices in the international market and other technical reasons. With the implementation of the new rates, it is expected that there will be an impact on the daily travel of the public and the prices of consumer goods.

Fare Increase Rates

• Public Transport: 16.71% increase
• Hilly Region (Freight): 21.68% increase
• Terai Region (Freight): 15.75% increase