Monday, December 15th, 2025

Public transport sector suffers damage worth 730 million in disaster



KATHMANDU: The incessant rainfall that took place mostly in central and eastern parts of the country on 27 and 28 September has inflicted damages worth Rs 730 million to the public transport sector.

According to the information shared by the National Federation Transport Entrepreneurs Nepal, the damage has been estimated to be around Rs. 729.80 million.

Among the damages, Western Nepal Passenger Bus Entrepreneurs Pvt. Ltd. suffered a loss of Rs. 118 million, Namaste Nepal Transport Entrepreneurs Pvt. Ltd. lost Rs. 28.5 million while Gorkha Daraundi Transport Service Company Rs. 6 million.

Similarly, Bagmati Tipper Traders’ Association has suffered Rs. 270 million, Nepal Truck Tipper Traders’ Association has incurred a loss of Rs. 200 million, Mahakali Multi-Purpose Company Pvt. Ltd. has suffered Rs. 66.5 million and 40 million rupees worth of property was damaged at the Rasuwagadi border point.

General Secretary of the Federation, Deknath Gautam, said that the details of the damage incurred by the public transport sector across the country it has been submitted to the Ministry of Home Affairs and Department of Transport Management on Wednesday.

Publish Date : 10 October 2024 12:41 PM

NRNA to hold 12th General Convention in February

KATHMANDU: The Non-Resident Nepali Association (NRNA) has scheduled its 12th

Special Court orders CIAA to submit all documents in corruption case against Madhav Kumar Nepal

KATHMANDU: The Special Court has ordered the Commission for the

NRB amends unified directives, tightens loan monitoring rules

KATHMANDU: Nepal Rastra Bank (NRB) has amended, revised and added

Nepal bids farewell to two elephants to be gifted to Qatar

KATHMANDU: The government has bid farewell to two elephants, Khagendra

Nepal Rastra Bank, IFC Sign MoU to boost climate finance

KATHMANDU: Nepal Rastra Bank (NRB) and the International Finance Corporation