Launch Fares Reduced by 15 Paisa/Km after Fuel Price Cut

The government has reduced launch fare by 15 paisa per kilometre after fuel prices were lowered by Tk 5 per litre.

A circular from the shipping ministry said that the fare of passenger vessels was decreased to Tk 2.85 from Tk 3.00 a kilometre for the first 100 kilometres and to Tk 2.45 a kilometre from Tk 2.60 for over 100 kilometres.

The minimum fare has also been fixed at Tk 30 -- Tk 3 reduced from the existing Tk 33, according to the government notification.

The new fares will be effective from tomorrow, it added.

The government on Wednesday reduced bus fares by Tk 0.05 per kilometre on all routes across the country which came into effect on Wednesday.

On August 5, the government increased the prices of petrol, diesel, octane and kerosene at the consumer level by up to 51 per cent.