The Bagmati Province government has adjusted the fares of public vehicles plying the roads in the inter-municipalities.
Asman Tamang, secretary at the Ministry of Labor, Employment and Transport of Bagmati Province, said that the fare has been reduced by 5 percent.
The current fare rate of city buses operating within the valley will be reduced by 5.90 percent effective from Thursday.
Similarly, the ministry has decided to reduce the fare rate by 5.69 percent for freight vehicles and 4.18 percent for passenger buses operating within the Bagmati province.
Earlier, the new rent rate was fixed on July 5 2022 by the Ministerial decision of Bagmati province.
A week after the federal government reduced the fare of inter-provincial public vehicles following the fall in the price of petroleum products, the province government has decided to reduce the fare.