Stories Tagged 'Transport entrepreneurs'
The Federation of Nepalese National Transport Entrepreneurs Association has opened the annual pre-Dashain bookings from Tuesday. A meeting of the federation took the decision on Monday after the government on Saturday agreed to increase public transport fares by 10 percent.full story »
The arrival of Dashain, the most significant Hindu festival that witnesses a mass departure from the country’s capital city Kathmandu, has become a bargaining chip for transport entrepreneurs who seem hell-bent on getting the government to lift the freeze on their bank accounts.Holiday travel plans of over 2.5 million people are at stake as the private-sector players remain adamant about not starting advance bookings for the festival until their demands are fulfilled. The government authorities, on the other hand, appear to be clueless about what measures to take to open advance bookings ahead of Dashain.full story »
The government has moved ahead with formation of a task force as per the agreement reached with the transport entrepreneurs, putting an end to the stalemate between the two sides.full story »
Ministry of Physical Infrastructure and Transport and transport entrepreneurs have reached an agreement to end the syndicate system in the transport sector.full story »
The Nepal Rastra Bank (NRB) on Sunday directed banks and financial institutions to freeze the bank accounts of various transport entrepreneurs who stood in favour of transport syndicate.full story »
While the agitating transport entrepreneurs are counting on their political connections to stay safe from the authorities’ action against their syndicate, the government has reaffirmed its resolve to dismantle the cartels plaguing public transport.Minister for Physical Infrastructure and Transport Raghubir Mahaseth said the government stands by its decision to uproot the syndicates. Refuting the claims of the agitating transport committees that he was positive about addressing their concerns, Mahaseth said, “The government is committed to its decisions. We have to make the sector well-managed.”full story »