Staff Reporter :
State Minister for Power and Energy Nasrul Hamid on Sunday said, the government plans to cut the bus fare in order to reach the direct benefit of fuel price-cut to the people.
“A direct benefit from the fuel price-reduction will be to cut the bus fare, but it does not happen most of the time. This time we want to translate it into reality,” said State Minister Nasrul Hamid as the chief guest of a seminar on “Answering the challenges to adoption of farm waste to energy technology in Bangladesh” in a city hotel yesterday.
The International Finance Corporation organized the seminar where
Muhammad Tawfiq-ul Islam presented a keynote paper on the topic.
Nasrul Hamid said, “We are still ‘examining’ the extent of the fuel price revision”, however, without giving any time frame for that.
Earlier, in April, the government cut down fuel price after a long global fall in oil prices.
but took time to do it despite demand by the business circles, arguing that the state-owned Bangladesh Petroleum Corporation was offsetting some of its mounting losses.
But bus fare did not come down as expected after the fuel price cut.
Replying to a query, the state minister said that they would also regulate prices of LPG so that it could reach the common people.
Ambassador of Denmark to Dhaka Mikael Hemniti Winther and IFC’s Country Director Wendy Jo Werner, among others, addressed the seminar.
State Minister for Power and Energy Nasrul Hamid on Sunday said, the government plans to cut the bus fare in order to reach the direct benefit of fuel price-cut to the people.
“A direct benefit from the fuel price-reduction will be to cut the bus fare, but it does not happen most of the time. This time we want to translate it into reality,” said State Minister Nasrul Hamid as the chief guest of a seminar on “Answering the challenges to adoption of farm waste to energy technology in Bangladesh” in a city hotel yesterday.
The International Finance Corporation organized the seminar where
Muhammad Tawfiq-ul Islam presented a keynote paper on the topic.
Nasrul Hamid said, “We are still ‘examining’ the extent of the fuel price revision”, however, without giving any time frame for that.
Earlier, in April, the government cut down fuel price after a long global fall in oil prices.
but took time to do it despite demand by the business circles, arguing that the state-owned Bangladesh Petroleum Corporation was offsetting some of its mounting losses.
But bus fare did not come down as expected after the fuel price cut.
Replying to a query, the state minister said that they would also regulate prices of LPG so that it could reach the common people.
Ambassador of Denmark to Dhaka Mikael Hemniti Winther and IFC’s Country Director Wendy Jo Werner, among others, addressed the seminar.
