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ECONOMY

Public transport sector suffers damage worth 730 million in recent disasters

KATHMANDU, Oct 10: The incessant rainfall that took place mostly in central and eastern parts of the country in September last week has inflicted damages worth Rs 730 million to the public transport sector.
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KATHMANDU, Oct 10: The incessant rainfall that took place mostly in central and eastern parts of the country in September last week 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.


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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 Daraudi 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 Rasuwagadhi 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 had been submitted to the Ministry of Home Affairs and Department of Transport Management on Wednesday.


 

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