Two day after the rise in prices of petroleum products, transport entrepreneurs have warned that they will be compelled to hike transportation fares if the government did not fulfill their demands immediately.
Speaking at a programme in the capital on Sunday, they served a three-day ultimatum to the government to either revoke its decision to hike the price of petroleum products or increase transport fares accordingly.
President of the Federation of Nepalese National Transport Entrepreneurs (FNNTE), Yogendra Karmacharya, said the entrepreneurs have been bearing losses since the government increased the price of diesel and petrol six months ago. “Now we cannot wait anymore,” report quoted him as saying.
Vice-president of the Federation of Nepalese Transport Entrepreneurs (FNTE), Tulsi Ram Maharjan, said they have decided to hike the fares for short distance routes by Rs 2. “We have been called by the Ministry of Labour and Transport Management (MoLTM) tomorrow at 2 p.m. to discuss the matter,” he said.
However, MoLTM spokesperson said there was no decision on the issue of fare hike as the office remained closed on Saturday and Sunday.
On November 7, the Fare Review and Recommendation Committee had suggested the government to hike transport fares by 12 and 15 percent respectively for long or medium routes and short or local transportation. Likewise, the committee had recommended 16 percent hike in the existing fare of meter taxis.
Meanwhile, transport workers have demanded that the government revoke its decision to raise the price of petroleum products. “The government’s decision to provide monopoly in deciding the price of petroleum products will cause much difficulty to the people,” stated a release issued by the Independent Transport Workers’ Association of Nepal (ITWAN).
Following permission from the government, the Nepal Oil Corporation (NOC) on Friday announced increase in the fuel price. The NOC has allowed private dealers to fix the price of petroleum products sold from outlets
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