Dealing with syndicates

August 26, 2019 01:30 am

As long as the market-related inefficiencies that actually gave rise to syndicates remain, the transportation syndicates will rise again, in one form or another

KATHMANDU, Sept 27: Lawmakers on Tuesday grilled Minister of Physical Infrastructure and Transport Raghuvir Mahaseth for acting contrary to the anti-syndicate drive and letting down the general public.

KATHMANDU, June 13: End of transportation syndicates was expected to promote fair competition among truck and transport operators, bringing down transportation cost. But this has not happened, industrialists say.

KATHMANDU, May 27: Small and medium-size civil contractors have accused the big contractors of tarnishing the image of the sector by not doing their work in time and by lobbying bureaucrats to land  contracts.

KATHMANDU, April 21: Nepal Chamber of Commerce (NCC) has welcomed the government's move to end syndicate in the transportation sector. Issuing a press statement on Friday, the Chamber stressed on the importance to stop syndicates and cartels in the transportation sector.

Locals stand up against syndicate, escort Mayur Yatayat's bus

KATHMANDU, Dec 16: The Supreme Court has issued a mandamus order to the government to take necessary steps to end all syndicates in public transport.

KATMANDU, Dec 15: Nepal Rastra Bank (NRB) has said that transport syndicates has become one of the major challenges for country's economic development.

Syndicates rule roost in Pokhara

August 22, 2016 00:30 am

POKHARA, Aug 22: From the cost of a boat ride in Phewa Lake and the charge for paragliding to the price of items on a restuarant menu and transport fares, syndicates have had a stranglehold on business in the tourist town of Pokhara since a long time.

KATHMANDU, Aug 20: Anti-competition practices prevalent in the public transport sector have often been blamed on cartels and syndicates, according to experts.

KATHMANDU, Aug 18: In view of growing number of deadly accidents, Prime Minister Pushpa Kamal Dahal has directed Minister for Physical Planning and Transportation Ramesh Lekhak to formulate necessary laws to end the syndicate system prevalent in the public transportation sector.