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Home Minister gives assurance to stop transport syndicate in Birgunj within a week

KATHMANDU, April 1

The government has expressed commitment to stop the syndicate of transport entrepreneurs in Birgunj-Kathmandu route within a week. Home Minister Madhav Ghimre gave the assurance to the team of businessmen who met him Monday demanding that the transportation syndicate be stopped.  

“Home Minister has promised to stop the transportation syndicate in the Birgunj sector within a week. He has already directed Home Secretary Sushil Ghimire to stop the syndicate,” importer Ashok Verma, who was in the team that met minister Ghimire, said. Businessmen said minister Ghimire was found to be aware and sensitive about the issue. The team, that also included importers, had drawn his attention toward transportation syndicate in Birgunj, Bhairahawa, Biratnagar, Tatopani and other sectors. Stating that the syndicate had political patronage despite being illegal, he expressed commitment to stop it.  

Market price of goods has also been affected after the truck fare of a trip of 10 tons rose by Rs 7,000 due to the syndicate of transporters in Birgunj. Managing Director of Shivashakti Agro Pvt Ltd Sandip Agrawal, who is also a member of the Confederation of Nepalese Industries (CNI), said that cost of per kilogram rose by 70 paisa due to the rise in truck fare within three weeks. Most of the goods imported from India and other countries enter Nepal through Birgunj. The Nepal Truck and Tanker Entrepreneur Federation had raised the fare implementing syndicate system allowing trucks to operate only once in six days. It had earlier introduced the odd-even system allowing only the trucks with even numbers on even days and vice versa. The businessmen are prohibited from using their own vehicles to transport goods in the sector.  

The Supreme Court has declared all kinds of syndicate illegal while the government has already expressed commitment to stop syndicate in the past. But the transportation entrepreneurs are openly practicing syndicate with political and administrative patronage. Businessmen revealed that the current fare of transporting 10 tons from Bhairahawa to Kathmandu is Rs 24,000 and that from Tatopani to Kathmandu is Rs 125,000.

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Market’s Data

Index Current Points Change % of +-
NEPSE 94240 -8.89 -0.009%
Sensitive 20019 -2.24 -0.011%
Float 6643 -0.29 -0.004%
Sen. Float 5513 -0.26 -0.005%
Banking 82201 -1.3 -0.002%
Hotels 192764 -32.29 -0.017%
Dev.Bank 79710 -2.49 -0.003%
HydroPower 216804 -10.35 -0.005%
Finance 53544 -1.12 -0.002%
Insurance 405407 -0.3 -0%
Others 70608 -56.38 -0.08%
Total Traded Amount Rs: 276152854
Total Traded Shares: 535738
Total Transactions: 1331
Currency Unit Purchase Sale
Indian Rupee
100
160
160.15
US Dollar
1
99.98
100.58
AUS Dollar
1
78.67
79.15
EURO
1
109.95
110.61
Pound Sterling
1
149.34
150.24
Japani Yen
10
8.42
8.47
Chinese Yuyan
1
16.10
16.19
Singapore Dollar
1
73.23
73.67
Hongkong Dollar 1 12.89 -
HALLMARK GOLD 51800/per tola
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SILVER 725/per tola
Petrol(MS)
NRs 110.00/L
Diesel(HSD)
NRs 87.50/L
Kerosene(SKO)
NRs 87.50/L
Aviation Turbine Fuel
NRs 133.00/L(Duty Paid)
Aviation Turbine Fuel(Jet A-1)
USD 1400.00/KL(Bonded)
LP Gas NRs 1470.00/cyl

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